Towne Bancorp, Inc. (TWNE)

[Value_Investor]

Huge spread usually caused big sell-off at the bids which is why the bid was raised to 0.045 and 0.0425 respectively but they could not stand at all because the sellers would quickly sell their shares at the bids to push the bid down further due to no way to sell at the asks!

I bet TWNE will test 0.03 ~ 0.02 again since only total 10,000 shares bid above 0.02 now...