RE:Under $2.00Broker 39 has big offers that are few cents above the trading price as the stock goes down the offers get lower. He also has big bids a few cents lower that keep on dropping as the share price drops.
Then he has smaller bids & offers at one cent differnce. HFT buyign & selling the stock at one cent.
He is not the only one. CIBC is the biggest HFT.
Some how most volume is being genarated by TD today
39 Merrill Lynch | 603,452 | 1,309,600 | 2.17 | 555,500 | 1,220,729 | 2.198 | 47,952 | -88,871 |
79 CIBC | 1,250,941 | 2,693,823 | 2.153 | 1,125,997 | 2,465,515 | 2.19 | 124,944 | -228,308 |
7 TD Sec | 3,143,939 | 6,813,596 | 2.167 | 2,625,988 | 5,685,547 | 2.165 | 517,951 | -1,128,049 |