We were at no bid and someone sold their stock to the open market. Market Makers are obligated to find a market for shares, at times it dictates that they pick up shares. Lucky for Market Makers they are allowed to pick things up below our normal traders floor. Standard Trader floor = $0.0001 / Market Makers floor =$0.00001. The only thing this tells me is a Market Maker was forced to pick up someone’s $100 gamble for $10. When there is a market the Market Maker can turn around and sell the $10 for a $100. Nice to be the Market Maker.
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