Strategic Global Investments, Inc. (STBV)

[sjussju]

The MM's typically hide the bid or ask in situations like this by only showing the volume of the next trade, but infinitely replenishing that trade when it gets filled.

We've seen this happening clearly on the ask over the past week. With smaller asks and bids getting instantly replenished by the MM's the moment they're filled so that the price doesn't move up but allows them to give the illusion of a much smaller ask volume than what they aren't showing.

To elaborate: This past week there has been a couple billion shares bought at 0.0003, at one point 100 million+ in a few moments was bought at 0.0003 while the ask only showed 8 million to a few hundred million and the price did not go up.

Simply put, the MM's deliberately manipulate the volume you are seeing on the bid and ask regardless of what the actual amounts they are trying to sell/buy at those ticks are.

So, it's not unreasonable at all for you to believe the true bid at 0.0002 is actually far higher than that 2 billion they show. The true ask is without a doubt far higher than shown.