MMs have been shorting it since we hit .75, putting pressure on the ask. today a few of us noted what a joke L2 is lately. we've got all sorts of MMs who are shorting because we're heading toward the bottom of the channel. if anyone wants to sell here, i say "go for it".
some on the board have been saying "we need news" but i'd rather not see any as long as the shorts are still pressuring the stock. why not wait until they are ready to push it past .75 before we get some solid PRs?
"interest", if you view that simply as a function of volume, will "diminish" when MMs push a stock in the opposite direction of where the majority of the market wants it to go. on a downtrend, low volume is much more bullish than if we had tons of traders bailing out. jmho.