Wrong. This means no one wants to sell so the sell requirement is very low. Based on supply and demand. The ask is higher to execute indicating greater demand for the stock. This is why the bid/ask spread is 3 cents or 5% apart.
"Wrong" you say. The 48100 shares offerd at .63 have now become 50,100 and buyer of supposedly 7900 share at .60 are not only gone but in excess of 30,000 shares hit the bid. That has now bwcome .59. What is wrong is to believe the bid volume that was shown at 7900.