15-20% of the float traded in the .20's this week, huge accumulation for this low floater.
All sellers were taken by buyers, many above .25 and it never traded below .20 At close Friday, NITE was the only mm in the 20's with ask at .25.
After NITE two mm's at .31 who have been sitting there over a week, then all other mm over a dollar !
Remember, even at 1.00 the hedge funds stand to lose millions, somebody is buying this up and for good reason.
Those with level 2 have been able to see NITE move (over 1.00 ask) when he finishes an order at a particular price level.