ok...so you're telling me that when there are 10 market makers lined up at .0003 and there are 10 market makers lined up at .0005 and there is one 'special' market maker sitting on the ask at .0004 and almost every single trade is going across at .0004 you don't think that those trades are buys up at the ask? Sure, they use the 5th decimal on Level 3 but that is rounded when the trade comes across, so even if JEFF is offering .00038 and posting .0004, if some one comes along to buy at the ask they will really be getting the .00038 shares (their broker's MM keeps the .00002) and it comes across as .0004 on the time & sales...therefore its a buy. What were those 2 billion shares coming across in blocks of 50/100/200 million today @ .0004? If those 2 billion shares were sold into the bid of .0003 this thing would have easily moved back to .0002 x .0003. The MMs that bid this stock don't absorb alot of shares; 50, 100 mil max. Those blocks were being purchased anywhere between .00035 - .0004 and were hitting the ask, of the one MM that can sell that amount easily and not budge...
There is no way to get around the fact that JEFF is selling alot of stock and doing it very noticeably. If you were dumping shares you wouldn't have your MM work the order like that; you probably wouldn't even post on the ask, just sell into the bid and let the demand for the stock push it to higher levels where you would make much more money. This is too obvious for someone that's dumping from the inside or is 'in on it'. It would just be extremely stupid of them...I mean if they went through all this trouble of setting up one of the best stock scams in recent history, even fooling Roger Glenn himself(I'll post his resume or client list if you'd like),then why wouldn't you put a little more thought into the most important parts of the scam - the dump?