I�m watching the trades go off tick by tick and see that yes, there are a lot of sell orders coming in but most of them are 100, 200, 500 shares. At the same time there are a lot more buy orders coming in and most of those are 300, 500, 1000+ shares. Their are definitely have a LOT more shares trading on the ASK then at the BID but this stock keeps going down. WTF?!
As everyone else has stated, including me previously, this is options expiration week and as a result it is volatile. They attacked the $17.50 calls yesterday and today started going after the $15s. They could get there but I do not think so and as a result bought more at about $15.93.