Quote: "2. Is not showing the actual amount of shares on the ASK "
Under the new rules, MM's must show the amount they are trying to sell. But wait! There's a loophole!
If someone has a large amount of shares to sell they can simply request the MM not display it on LvL 2.
Not even sure why you think a MM is required to bid just because they want to sell, so # 1 is kinda bogus.
#3 is also wacky because they're selling shares, that's why you see 5000 shares...and the true amount hidden. If they were on the Bid, it would suggest they wanted to buy. AABA is usually just a seller, unless the price drops below the sellers wanted price then they may try to support it by buying some on the bid.
I'm not bashing, just my 2 cents. I think the stock will bounce next week...but they still have a few more shares to sell.
Good luck everyone and Happy New Year.