Cagey Bubble Play
Or possibly just the fact that it's one hand at a time makes it feel like everyone's biding their time. Most of these players are used to high buy-in tournaments and the pressures that come with them, and sneaking into the money with a short stack is probably not the most important part of this crucial period for them.
In an effort to entice a bit of action Joe Serock limped under the gun and both blinds (Chau and Dempsey) saw a flop. Check to Serock who got no action when he bet 3,200. He showed them his anyway, perhaps to inspire some bubble fear.