Promising Level 2 develoments...
At 9:59 the bid was at .024 and the ask was at .025
when came matching 500000 trades at .0222
Think about that, the bid was at .024 but somebody sold (and somebody bought) 1 million shares at .0222 with the ask at .025 which was hit three times in a row after these .0222 trades.
Then, at 10:23, with the bid at .024 and the ask at .025, two trades went down at .023, one trade for 350000 shares and another for 500000 shares.
1.85 million shares sold two ticks below the bid...
And these trades only saw the ASK going up.
I would imagine GGI might have just been sent packing. And if I'm right, look for .029 in the near future.
By the way, I got some cheapies at .022