The MM's know that a 100 share order will be carried and printed by the financial reporting sites, and sometimes they don't want that to happen. So they will break the trades up into 2, both under 100 shares, purposely so the amount or percentage loss/gain are not reflected. For instance, the last trade was at $3.75, but shows last trade at $3.25. because it wasn't printed as 100 shares. Just another MM cheap tactic to give the impression of something it isn't.