Started to see something last night in level 2 that seems to be continuing this morning.
Usually in level 2, you see a few cents differences between the ask and the bid. People argue over the 2 cents all day long.
As of right now (at least according to the level 2 I'm seeing which isn't that great, Bid is 6.13 and ask is 6.22
The interesting point... It looks like the sellers are basicially refusing to discount their shares anymore.
Not the best thing to see if you happen to be short.
Bid ask spreads are getting very wide and volatile. Agreed if your short your feeling the pain with a loss right away.