I don't believe that is true. Some brokers allow Pre-market trading on the OTC.
Here is an article about the subject:
Why Can't All Investors Trade Over-the-Counter Before the Market Opens? (OTCM)
Not all investors have pre-market access to stocks traded within OTC Markets Group's (OTC: OTCM) (OTCQX: OTCM) three exchanges.
Some are only allowed to trade after the market opens. This has created a degree of frustration and confusion among those who assumed that investors were able to trade whenever they wanted.
According to Cromwell Coulson, CEO of OTC Markets Group, pre-market availability is determined by the brokerage firms.
"Pre-market trading is a game for sophisticated investors because there's not as much liquidity, there's not as much price formation taking place," Coulson told Benzinga. "In many ways the pre-market trading is the market finding its price level. So many investors, and I think retail investors you'll see as well, they actually wait for the open and then come and trade because they want to see the market develop."
During the interview, Coulson also spoke about where OTC Markets Group is headed over the next few years.
"I think the biggest part for us is making sure our data is widely distributed so there's comparable informational experience," said Coulson. "The place where we're really good at having our data is closer to where the trade execution decisions are made. The online brokers really care about showing the right information because people are making trading decisions."
Coulson said that if a company makes investors dig around for information, traders will wonder if the firm is truly focused on serving the shareholders.
"[And] if an international company isn't comfortable distributing their disclosure in the U.S., are there questions about their disclosure?" Coulson questioned.
http://www.benzinga.com/trading-ideas/long-id...e-the-mark
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600 is a well guarded secret signal.
Not so secret.
It's Leo's way of telling us not to sell until $600/share or to wait until CTIX is bought out at same.
You have my word on that.
CTIX Stock Message Board http://investorshangout.com/Cellceutix-Corpor...TIX-87375/
It was 2 premarket trades that amounted to 500 shares sorry, bad math at a glance on the run.
Oh beautiful! Thank You I didn't see that.
Let's Rock!
600 is a well guarded secret signal. Anyway, like I said, let's pretend it's a signal.
There is NO GAP at $2.02!!! It was filled yesterday!!
I am hoping so fingers crossed! If we can get to $2.20-$2.30 then considered back down to around $2.02 and close the gap then work our way up it would do immensely for the chart.
They violate supply and demand so they are all crooks in my book. They can all be replaced today by the processing power in most phones.
BUT GO CTIX!!!!!
Yes you have said that. Hope you're on target. A cool down period from $2.30 would be fine.
here is a sample of signals... I don't see 600... perhaps it is 100+500
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Reading Market-Makers Signals
See the signs and messages they send each other
Many traders believe that Market-Makers (MMs) will "signal" moves in advance buy using small amounts of buys or sells as "signals". The "signals" are from one MM to another.
## 100 I need shares.
## 200 I need shares badly, but do not take the stock down.
## 300 Take (or I am taking) the price down so I can load shares
## 400 Keep trading it sideways.
## 500 Gap the stock.
I had the same thought.
If the science is good on Brilacidin, with Phase II results just around the corner almost anything can happen. Some may recall that on a Friday, April 19, 2013 VRTX had a $31 gap, an almost 5 BILLION $ increase in market cap after positive results of their Phase II cystic fibrosis drug were announced.
Granted, CTIX is still well under wall streets radar, but point being, good Phase II results can change perceptions and price in but a moment.
I have been saying $2.15-$2.30 range then a small cool down to re set the chart then boom age to record highs.
I would not at all be surprised if we close today at $2.15+++ then cool down some the rest of the week and be ready for a potential RR breakout above $2.50
Maybe it's a late print from last year? go CTIX!
You cannot trade Pre Market on the OTCBB which is why I find it interesting to say the least.
Yes I see that too! We had Pre Market trades at $2.30 that's waaaaaay interesting!
I don't know. I don't see how anyone could decide to pay $2.30 when the b/a is 2.09/2.10. I'm sure it means nothing but let's pretend it's a signal to the other MMs that $2.30 is the target today.
Sounds good! Go CTIX!
It'll get there sooner or later, but we all know it WILL get there and above.
Good advice