I didn't have level 2 when this thing ran to .85 and I have no idea what the level 2 quotes looked like when that was happening. I'm assuming there were a lot more orders than today (and the past few), but I don't know. The level 2 just appears to be a ghost town right now. Personally, I think it's just the MM's trading amongst themselves attempting to generate interest one way or another. Same handful of trades on both the Ask and Bid, everything just shifted down a couple of cents.
Fun times in pennyland...good luck!
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