If it is institutional selling, why are the ask lots so small?
I'm seeing 121 orders for a total Ask size of 75000 at $3.07, and its been like that all day:
| Last: | 3.07 | | Change: | 0.03 | | Volume: | 4,093,847 | | Last Trade: | 14:00 |
| Level ll Quote | | Bid | | Ask | | Price | Total Size | # of Orders | | Price | Total Size | # of Orders | | $3.06 | 196 | 24 | | $3.07 | 750 | 121 | | $3.05 | 623 | 28 | | $3.08 | 263 | 20 | | $3.04 | 657 | 34 | | $3.09 | 430 | 16 | | $3.03 | 1206 | 15 | | $3.10 | 614 | 19 | | $3.02 | 310 | 11 | | $3.11 | 189 | 14 | | $3.01 | 1308 | 10 | | $3.12 | 69 | 7 | | $3.00 | 169 | 10 | | $3.13 | 100 | 4 | | $2.99 | 178 | 3 | | $3.14 | 190 | 5 | | $2.98 | 5 | 1 | | $3.15 | 662 | 12 | | $2.97 | 10 | 1 | | $3.16 | 20 | 1 | |