You are exactly correct joeylynn! many times even on L2 you can't always see what the M&M's are sitting on. That's exactly why when you buy the ASK and you think you may be clearing that level then you realize there were more shares selling. I agree this is setting up just like it did in the .002's I expect we see the .004 solid next week. I'll take the slow stair step up. I love to see this just meander its way all the way to .01 then see our parabolic move we are all waiting for.
ARCA is selling shares for the CD holder. The O/S increased 11M this past week. It also increased 11M the previous week. The O/S is 445,738,834 as of Friday.