Eyecity.com Inc (ICTY)

[mr_bitterness]

Watching L2 yesterday: trading at the ask dropped the ask... repeatedly... .0025 was cleared and .0024 came up, many times there would be a bigger spread once the ask was cleared and dropped ...etc. It ran all the way down like that. Noticed that happening the day before too.

Today they seem to actually be clearing the bid before dropping it. NOt a lot of shares though. Yesterday was about 12M shares to get .0024 of the ask, today was under 1M to get .0011 off the bid (just a few minutes ago), but it took about 7M ask trades to get .0011 off the ask.

Looks like whatever that action meant yesterday (manipulation, shorting, just someone big, smart or special getting in cheap, dilution or honest selling at ask leaving a wacky L2 footprint) has gotten people scared - so far today just looks like honest trading.