Shorty is nervous. For the last couple of trading sessions we have had very small (couple 0f thousand shares)go off before the open and well below the bid. This tells me one of two things. The first is the MM are balancing the ledger and or, they are accommodating the short in cover.
Now, I have level II and these executions are going through before the open, but most importantly, they do not show up on master volume files on the OTCBB. This tells me that these two entries are within the MM and accomplice entities.
There is no premarket activity on the OTCBB.
The bid doesn't reflect the price, but maintains it's consistent reflection with the TSX's bid.
All in all, I believe we are on the cusp of something is about to move this issue upwards, thus these obscure executions, with no transparency.
Have a good day
varok