(Total Views: 214)
Posted On: 01/22/2019 1:33:25 PM
Post# of 36549
We need to uplist asap!
The price action on the OTC is crazy!
We went from $2.68 at 9:30:28 am to $1.85 at 9:37:51am!
That is a 30% move in 8 minutes with only 48,900 shares hitting the bid!
In other words, the seller(s) sold about $107K of stock, but the market cap took a 50MM hit! And it's not like there weren't any buyers. During the 8 minutes 34,307 shares hit the ask for about $74K, so the net difference was only 14,500 shares or about $30K. If that is not manipulation I don't know what is!
The price action on the OTC is crazy!
We went from $2.68 at 9:30:28 am to $1.85 at 9:37:51am!
That is a 30% move in 8 minutes with only 48,900 shares hitting the bid!
In other words, the seller(s) sold about $107K of stock, but the market cap took a 50MM hit! And it's not like there weren't any buyers. During the 8 minutes 34,307 shares hit the ask for about $74K, so the net difference was only 14,500 shares or about $30K. If that is not manipulation I don't know what is!
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