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Posted On: 04/01/2021 4:48:14 AM
Post# of 36568
I think the key is in this little warning on the OTC markets NUGX page ...
Warning! Unsolicited Quotes Only
Investors should be aware that no firm is making a market in this stock on OTC Link. All prices reflect unsolicited customer orders and investors may have a difficult time selling this stock. Click here for more info on Unsolicited Quotes.
No market makers are providing liquidity. They are brokering privately held shares. This is clearly not typical OTC. The OTC is providing a forum for the market makers to privately broker deals.
Warning! Unsolicited Quotes Only
Investors should be aware that no firm is making a market in this stock on OTC Link. All prices reflect unsolicited customer orders and investors may have a difficult time selling this stock. Click here for more info on Unsolicited Quotes.
No market makers are providing liquidity. They are brokering privately held shares. This is clearly not typical OTC. The OTC is providing a forum for the market makers to privately broker deals.
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