Bookies often lay off big bets amongst themselves.....spreading the risk. I`m sure there are favors called in between these people.
f
Seems like a reasonable explaination for the tight range. Some MM needs lots of shares (to cover or to sell to a large block buyer) and does not want to pay a premium. I suspect the selling MMs have other stocks that both MMs trade. It could be, ``I`ll sell you EDIG at .33 if you sell me WXYZ at .XX.``
Or, of course, it could be a giant conspiracy complete with black helicopters, the CIA, Mel Gibson, and the infamous Tri-lateral Commission. In fact, it could be that flash is really a secret agent and threw in his theory to throw us all off the real truth. I guess we will never know.
John