Whew!! And I thought all the buyers above .20 had something to worry about! Just out of curiosity, what volume in this stock should be considered as qualifying trading as "liquid"? Keep in mind that last 30+ day avg. vol is probably under 18,000/day, so I would go out on a limb here and guess that it has not been very much liquid for some time. Of course if you are trading only 500-1000 shares at a time (which explains your bid being violated since it didn't meet the L2 threshold) you might have better overall success in getting trades off. As always, GL and pleasant dreams,,,,