Amfil Technologies Inc (FUNN)

[recinvestor]

It appears someone or some entity is using large blocks of shares on the ask to induce selling into the bid.

It also appears that they don’t want to sell those large blocks either and are using small All or None (AON) hidden orders just below their large ask order so no large slaps can take out the shares on the ask. The smaller hidden AON orders will execute first, allowing the large ask to be removed at the sellers discretion.

This could be a smart trader who knows how to strategically use orders to their advantage, or an algorithm programmed to specific behaviors on autopilot.

Just my observations...

Long AMFE
Rec