Day flippers I might suspect [MMs]...buy at .035-.036, sell at .04 area. But where do they get the bid whack shares from? Each other? Max spread is 10-15%, but one has to acquire several 100K to score any meaningful money. Then there are all the competitors and executing trades. So, I could be wrong here. There could actually be a big dumper here working with MMs to sell millions at .035-.04. Whatever, this crap will end with a violent upthrust to over .05. And support bid are gradually firming from lower to mid .03s. Smart money wants these shares.
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