O.k, I read the description in the level 2 area and I interpret it as the numbers being the total number of buy orders and sell orders placed over the day.
So if I am correct your numbers of 53,800 means there were a total of 53,800 orders to buy WARM yesterday and 200,000 orders to sell yesterday. I didn't interpret it to mean that the numbers were associated with what actually traded, just a distribution of total orders offered.
I do not see that this metric tells us anything about the price asked for in the sells or the price offered in the buys. So right now more individual orders are being placed to sell but at prices higher than the buyers are willing to pay. However, these sellers are NOT lowering their price to meet the buyers offers, slowly over time the buyers are capitulating and increasing their offering price.
At this moment the lowest ask price is 0.1299 and the highest buy offer is 0.129. It doesn't matter if there are 10,000 other sell orders at prices higher than 0.1299 and only 1 other buy offer below 0.129. What matters is who gives in and right now its the buyers. Meaning that while right now not that many people want to purchase WARM, the people who do it are eager enough to let the sellers walk the price up on them.
This could be an artifact of the TA flippers making a move (meaning the people buying are doing so because they anticipate the price increase will get others buying and then they will sell), or it could be because real investors are starting to see the potential in the company. Hopefully its at least some of the latter.
If I'm way off base on what these numbers represent sorry. But a statistic is only useful if you know exactly what it represents. So if you don't I wouldn't let it influence you much and sit back and feel good about your investment (at least for the moment :)
