I have not seen CDEL in penny land until last month. Citadel is supposed to be very good at options and large cap execution with something like 6% of daily volume on the big boards!

Why they are in penny land I don't know for sure, but I think it has something to do with NITE getting schlacked earlier this year. Citadel tried to do a buyout or something like that but it didn't work out.

I know that on lightspeed trading that they basically cut off their trading relationship with NITE futures, so I bet that a lot of other firms did the same and that includes penny stock trading hedge funds.

As I said before, this buyer is most likely bear camp 2 and just looking for cheap shares. What this individual does once there is a pop I have no idea. However, right now he is helping us all out by putting in bottom in the 3's and that's good enough for me.