If ECSL investors believed the stock was going to be $4 at EOM then a few pennies "chasing" as you call it is literally irrelevant and anything offered should be scooped up instantly.
Of course the other option …. put your six figure share bid in at .50 cents so it is displayed to the market …. and let it be delivered to ya.
I mentioned there was plenty of stock available to be had in the past … that continues to be the case …. and now with the stock around .50 … it has more than doubled from recent lows …… sooooooooo ….. most savvy investors would be selling off some stock with the liquidity to cover their prior investment …… especially so given ECSL track record.
Many factors at play …. but the rubber meets the road when you put your size bid in that you want the stock. "Chasing" hasn't been needed in ECSL. But of course …. EVERYONE should need the stock right now …. $4 EOM …. and $10 next month ….. or so I hear. So really … a few pennies is irrelevant.
There's 50,000 shares at least sitting there for the taking at .50 or better. Strange with the big news pending eh ?