...or, since we know the company has been conservatively selling shares to fund the CTM's that are being installed, it might partially be fake Bid support to keep from selling shares at .0002, and partially it is just traders like me and others who have a nice poke full of shares, but will take a lot more at .0001 if possible.
I've been sitting on a Bid of 50 mill for weeks, and that's just one trader. I'm sure there has to be folks on or not on I-Hub that are willing to put more than another 5K into this.
So that large Bid does not prove to me that this is being shorted. I've watched many times a huge Bid like that start to disappear as soon as someone starts whacking it hard enough because buyers don't really exist, so it gets pulled.