To all my fellow ONCI LONG supporters. IMO This
Post# of 40989
IMO This is definitely MM’s controlling and marching the PPS down as low as they can get it in preparation for the big rise. This is not flippers. Price is being marched down each day. When you see the ask become so weak, giving in so easily, even on good PR’s it’s a clear sign. In the past few weeks, on multiple occasions, the ask dropped below the bid, even when the bid support (retail) was strong for a great upward trend. Classic MM moves when PPS is under their control. Yes...it scares retail into selling and from buying, but more importantly the price drops on low volume.
MM’s time this gradual drop perfectly to get the PPS to their desired buy in price. Usually before big news events. It happens all the time in OTC world. Don’t get discouraged. Use this pattern to your benefit.
IMO When the volume is low and small trades can create such volatility and depression, never buy while this process is occurring. Sit tight. I don’t know how low this is going to, but In the up coming days As we get closer to Jan 31st volume will stay low to moderate and PPS will come to a low and in a narrow price range ( 1-2% variation) while MM’s accumulate. This is the time to buy, buy, buy if you can.
The few days preceding the Audited Financials ( presumably Jan 31st), MM’s will release there Control, the ask will strengthen and MM’s who have accumulated all their low price shares will not let go of the shares for low $’s anymore. Retail will be forced to buy at higher prices, Thus PPS will start stair stepping up again. And any News release will create a big jump, which the MM’s will allow the rise. I hate to say it, but IMO MM’s are in control of this stock right now. Not until they let go and large volumes of Retail come back to the stock will Retail be back in control again.
Good news is the Audited Financials are coming soon and will be the catalyst. Go ONCI $$$$