Not that I need to defend myself, but to clear up
Post# of 1023
Quote:
Among other possibilities, the lack of volume might be the MMs hiding the volume until market close
I was referring to T-Trades and that there was a possibility the reason there was no volume for the majority of the day was because MMs might not have been reporting trades. Read the link below..
https://incrediblepennystocks.wordpress.com/2...m-t-trade/
Quote:
To avoid creating “an unbalanced market”, market makers often do not report certain trades during the day to the public and then use a T Trade not to “scare” investors into thinking a market for that stock is going in one direction or the other at the spurring of one large investor.
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If a market maker wants to accumulate a large amount of a stock in one trading day, that market maker may actually not report any of the trades that occurred until the trading day has ended so as not to alert the market to the collection. This practice is completely legal under the FINRA rules of the OTC Markets so long as the trade is reported at the end of the day.
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The T Trade that the public sees is nothing more than one or all of the above scenarios. The T Trade reported at the end of the day can be from one market maker or many involved market makers. It can be a single purchase price but is usually an average of all of the previously unreported purchases from that business day .
To all serious investors:
Don't be distracted by the nay-sayers. Let them revel in their $100 profits. Many people, who spent long hours researching their investments for months and years, are made millionaires in the OTC every week. There's no reason it can't be you some day.
To the nay-sayers:
Karma.
SpectraSCIENCE Inc. (SCIE) Stock Research Links
http://investorshangout.com/Joeys-Investment-Board-91611/
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