I'm watching a few different pennies that are ready to pop, and it seems to be the same game on every one of em.

Trades go through for nothing (dollar wise) only to set up what's coming next. The Ask will be hit for less than a $10 buy, and then the Bid will be hammered all the way down....... and then another little buy at the Ask to get all the Bids piled back up again.

Along the way, a few panic and sell out. Longs are tapped (for the most part), so MMs can shake shares free as much as they want to.

Sooner or later, it has to stop. Just a matter of when, IMO.