I still think someone with deep pockets is manipulating this lower the past week. They setup the huge bid wall so that people will not think it will go lower and than will buy the ask price. Every share someone sells them at the bid, they simply turn around and add it to the ask.
People who want to buy see the huge bid wall and feel comfortable buying at the ask. People who want to sell, see the ask rise and just want to quickly sell into the bid.
They are happy flipping shares for .0001 because the volume means they can make alot of money.
The lower the stock price goes, the higher percent they make with each flip. So, when they see an opportunity to lower the price, they simply take away their bid and sell a big enough amount to knock price down and than put their bid wall back up.
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