Well,
That is the big question .... as to whether someone trying to do something here. Of course you'd like to see all that on the bid.
There's obviously not usually much volume in ZIVO. To see 5 MMs offering shares at same price would not be normal here. And in size greater than what is the norm as well. There's not that much action and looks like someone trying to give the appearance of a roadblock and selling coming in. If you look at it on Level 1 .... it is 500 bid x 10200 ask ..... that would make an investor pause and think big selling coming.
Could be all kinda things .... but I doubt there are 5 different MMs that all of a sudden have order to sell at the same price. I would be surprised if those are real orders from 5 different entities.
But as example, were I an institution looking to buy, I could put offers out there at different MMs to give appearance of selling coming in ...... trying to shake lose shares at lower price
Could also be ...... ugh .... raise coming and the word is out. Selling in front of it.
Could be different things. The little guy is always last to know.
Not seeing any pumping or anything on the usual sites.
Hmmmm ... I'd like to wipe that out and see what happens. I would have scooped that no problem in 2.50 area. But ....since there's been no communication on what's going on ......
Amigo Mike
News 
Market Data 
Discover 
