RE:RE:is the bid always this massive?The 1 cent bid is massive because the spread (1/2 cent increments on the TSX) is 50% higher than the bid. If you check the trade history, almost all recent trades are at the ask (buys) with little to no activity at the bid (sells). The huge disparity represents large demand for cheap shares which can be instantly flipped for a 50% profit by the market makers.
Problem for the market makers is that ALL of the supply of penny shares has evaporated due to seller exhaustion and capitulation. I see this as a very bullish sign for NCP, there is no risk at this point as we are literally at the bottom and the trend is now changing and will turn positive.