What I saw was all the 4's got eaten when the hearing held notice appeared on Pacer, then someone yelled fire before anything else was posted and there was a panic sell off of 3's. And someone bought all those panic sell 3's and then I saw the 2's bid increase greatly. So if you ask me, I think L2 looked like some are flipping to accumulate more shares and some are just accumulating more shares right now.
My posts are merely my opinions, sentiments, and speculations meant for chat with other traders who understand the risks of trading. I am NOT an expert or psychic. Treat my posts as entertainment NOT as advise. Trade at your own risk.