Laidlaw Energy Group, Inc.(fka LLEG)

[DragonBear]

I wonder if there are more buys

You seem to be correct in that assumption MBoro. My experience through Fidelity indicates size does matter. If I had a 500K lot at 0.0022, and someone was bidding 100K for 0.0026, no MMs around, no partial fill. That 100K bid lot had to wait for a 100K Ask lot. How it works for 10K-300K lots seems a mystery to me, not to mention why one would buy or sell under 100K lots.

Outside of any dramatic news to right the ship, my working hypothesis is the stock will go down in steps from here flat lining after each step. Those who have held out for selling prices above 0.0030 will throw in the towel as time goes on. Each step down will see volume initially until the buying dries up again. The stock flatlines, and then the process repeats.

As for the question why would one want to sell into this illiquidity... outside of some dramatic news event, it isn't going to become any more liquid in the near future. There is no choice if a seller wants to redeploy their funds to other stocks.