Incorrect.
The ask on ECSL is and in no way has been "thinning". In fact, the ask for ECSL has been GROWING at prices from .35 as I previously mentioned the wall that exists at that level. Given the trading activity that has occurred of late, you can bet there is more stock for sale at .35 and lower beyond what is being displayed. One has to ask, with all the record business going no ……….. why so much stock available for purchase ???
Present ASK on LII
.3393 6000
.3394 4000
.3395 2500
.3400 2500
.3500 15205
.3500 11600
Seems MMs are competing to have best ask in case someone decides to reach up and hit it …… recent trading involving any size trades has all happened below .30. Only trades above .30 have been paltry.
FACT.
There are 2 stations open that are branded Cyberfuels. 3 & 4 were supposed to open last quarter. Other than that, there is no publicly available information that would lead an investor to buying this stock. Period.
Amigo Mike