Expo Holdings Inc. (EXPH)

[99leadballoons]

i disagree with how this went down. The ask is a list of sellers, not buyers.

When a buyer decides to buy he will buy at the lowest ask. The next ask in line is higher not lower. Ask is arranged in order from lowest to highest, always.

Somebody doesnt sit and watch and see that a sale just went through at the ask and then decide that they now want to quickly submit their order with an ask lower. It obviuously can happen, but it doesnt really fit with standard buy low sell high logic.

Obviously it can happen, but the more likely scenario is an MM that wants to keep the price down would see this upward movement and want to squash it, so the MM would then immediately put the ask at below what they just processed an order for.

I think that is what is happening here. Not that we are seeing all these immediate entries of orders when a sale at the ask occurs.

"The ask was then lowered to $.0128 to see if a buyer would step up.
Simple. If the $.0128 was bought, the ask would again move back up."

your own statement contradicts what you are arguing happened here. So when a buyer buys at the ask at .013 it goes down, but when a buyer buys at .0128 it goes up? Huh?