Hmm...Hard to say, I have not been following the trading very closely at all but just looking at L2 and the recent volume, I'd think for a 18K share float you'd see more extreme movement, even on that little volume.
I agree L2 does not look quite as thin as you'd expect either. IDK...tough call. Technically, I'd think it should look thinner then something like EV_GI, but it doesn't, so I don't know.
2019-05-08-- 2.51- 2.98- 2.50- 2.98- 2.5385- 2,808- 14.62%- 0.38-
2019-05-07-- 3.00- 3.65- 2.60- 2.60- 3.3158- 7,718- 29.35%- 0.59
2019-05-06-- 2.45- 3.00- 2.01- 2.01- 2.5055- 2,300- -26.91%--0.74
2019-05-03-- 2.00- 2.90- 2.00- 2.75- 2.6989- 1,560- 37.50%- 0.75