CJR, my level two, (AMEX) is showing a ton of 100 share trades, presently someone on nsdq has a bid at .38 for 152,000, and that order has been popping in an out since the opening, never getting filled. The asks are presently sitting at .3819 on up to 40, but the MM is playing the 'hold it down in tenths game' so any buys going through that lift the price are getting yanked back down, (often to .381.) sometimes a few 10ths higher. Volume is stagnant.

Seems to me that those in control are working their butts off to be sure the price never gets to or past .40.