Great way to kill the trading.............of a microcap in a fragile market is to put a 500k share sell order in at a low price. Most other traders think something negative is happening and somebody knows something, and stay away. Hence MXI's trading has dried up until someone steps in and takes out the 500k ask.
Who knows, maybe the DD results aren't stellar but at this point, that would be the only negative news.
If a smart trader really just wants to liquidate in a thinly traded market, he should do it in smaller amounts. In this case, 25-50k lots at a time. He can also put in an iceberg order at a slightly higher price and move it down as the smaller lots get sold. He will just shoot himself in the foot with an open order like that and it will take that much longer to unload it.
On the other hand, the absence of buying could be due to insider knowledge of positive developments.....that's the bright side of it.