Medite Cancer Diagnostics Inc (MDIT)

[ferretmoney]

Strange action. I would still be extremely caution before entering a position here, based on liquidity alone, without looking at any fundamental issues. Nevertheless I think today the mm took the bid/ask up just so he could make a buy of 15.5k look like a sell by trading at the bid instead of above the ask, which would have been reasonable considering the absence of volume to support any trades. Or it could have been a limit sell at 2.10 and he wanted the shares enough to walk it up. In either case it looks like the mm is playing a concealing game in a stock with nothing going on at all. Yesterday's news did not impress the market a bit. Results will impress the market.