TOFS, Sims .0005 is not far if we all go there and we don't have orders at any other price.
Flippers use a 20-30% gap, load up for example at .001 on the Bid than resell those same shares at .0012/.0013 latter the same say.
Another sign outside of the bid/ask gap is the lowering of the ask right after a fill or partial fill. And bid whacks large or small. Add to that what I call the emotional hits, like eod we saw today.
When your making 20-30% daily, you can keep buying more and more shares again the next day at a lesser amount. Thus I said "your ask hits were feeding" the flippers. Make sense?
So if we all sit at .0005, we start over!
Plus if none of us hit the ask until news comes out, we also paralyze the flippers profit for a while.
Thanks
BRAD