It's a low volume OTC stock. The MM's job is to ma

It's a low volume OTC stock. The MM's job is to maintain order and get the best price when investors buy stock. If someone drops a market order and spikes the price, the MM walks it back down to where it belongs. If it was meant to be higher the MM wouldn't be able to move it down with 100 shares. The price could rise uncontrollably and would cause buyers to get sucked in at prices 20-40% above the market level only to have it drop back down. The MMs help prevent such scalping on the part of sellers. With a lower price, buyers are encouraged.

When it is time for the stock to move higher the stock price will rise against the MM testing and they will know that it belongs higher.

All content of my posts is my opinion and speculation. Do not treat anything I say as fact or actionable investment advice. I participate to challenge my investment thesis from any angle possible. Please do your own due diligence.

Current Positions:
Long CTIX.