Would someone please help me ! Maybe I'm missing something here. As of 10:20:50 am the stock has traded 291,660 shares. Of those shares, 82,000 went off at the bid (sell) and 209,660 went off at the ask (buy). 1st. tick went .36 x .40 and the stock is still now @ .40 Does there need to be zero bid side action for this stock to rise ? 82% buy side volume and the stock is still..........not moving. Would someone please smack me in the head and explain this to me. Is it the MM's pulling in the reins and manipulating the stock ?
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