It still comes down to perceived value. The MM's will keep the stock right around this value to maximize trades between buyers and sellers. Of course they would prefer to keep it .0001 to .0002 where the spread is 100% and they make tons of money in the deal as compared to 10% spread if .001 to .0011.
I don't think volume is much of a factor. If the perceived value was .001, the price would still be that for the few or many trades that occur at that level. Of course, high volume usually coincides with increasing to a higher share price. But then again it is only because the price that it rises to is the new popular perceived value. Then the sellers come in and balance things out around this new price.
Come on EFGO, make deals on the up-and-up (no more empty promises) so we shareholders can perceive higher value. Until then, we will be very leary of investing at any higher level. Quit blaming other forces and take responsibility for your own actions!!! Thank you!