@discovery4 I don’t know what you expect. This is an illiquid...

@discovery4
I don’t know what you expect. This is an illiquid microcap. What that means is that day traders and institutional investors stay away (a good thing). Long term investors often will look at the balance sheet (which isn’t great) and wait before taking a position. Also, any mildly sizable holding takes months to build or offload. You have to be incredibly patient.

Of note, liquidity is elastic. Liquidity will improve when either business deteriorates and people sell at any price or when the price accurately reflects the business fundamentals. At this stage long term investors are more or less set and waiting for the high probability rerate. Anyone else is probably waiting for the imminent quarterly before investing. Also bigger buyers don’t always put orders in.

In short, the buy/sell depth means more or less nothing....