Just have to chim in.... since peope who dont know how to read L2 are writing garbage again.

Look.... Now NITE jumped on the BID at .38 NITE basically moved there to cover the sales he made at the ask at .385 he will make it on the spread. Since he jumped on the BID right now with SBSH..... he bascially thinking the BID is not going any lower.

SBSH or ABLE could increase the BID....and start squeezing NITE here...forcing NITE to raise or match the BID (trying to stay at .385 or less to make the spread.... otherwise he loses....