There are always many bids and asks, the "normal" spreads on top, for example, .115 to .125 and beneath these are incremental bids, going all the way down to five cents or so, and many asks, going up to a dollar or more. Late Friday afternoon, all the ask prices from .125 up to .25 were pulled, leaving only the few from .25 up to over a dollar. Then later in the day, all bids and asks disappeared. This is normal for Fridays. Even APPL has no bids or asks at this moment. Before the open on Monday, the cycle will start over again. Just because a few ask prices of .135, .14, .20, etc got pulled, does not mean the new ask price is really that far above the close. Of course, if someone were to put in a market order at that time, it might be filled at the lowest ask, which was .25 for a little while, then when that one was pulled, it was .30 for a short time.
My point is, every post here, showing the current ask far above the closing price was correct, it's just that these don't mean anything. This is very normal Friday afternoon activity.
Next Friday could be different! I would not have made the above observations, were this August 16th. We are in for some excitement in the coming weeks. Good luck to all.
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