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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes

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To: Alex Sharp who wrote (5327)4/8/1998 4:08:00 PM
From: Matthew Cooper  Read Replies (1) of 34592
 
Got a Level II question. Here I am watching IFLY at 15:57 and I see the following trades occur:

4 13/16 x 5
4 13/16 x 5

This happened when the bid/ask was 4 15/16 x 5 1/16, and the bid column was:

HRZG 4 15/16 x 75
GOFI 4 29/32 x 5
NAWE 4 29/32 x 5
MHMY 4 29/32 x 5
FLSC 4 7/8 x 5
WIEN 4 7/8 x 5
AAWC 4 7/8 x 5
FAHN 4 7/8 x 5
NAIB 4 7/8 x 5
INCA 4 7/8 x 10

My question, how in the hell did these two 4 13/16 trades occur with so much volume and price pressure on the bid?

Thanks for any insights.
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