Bravo, The OTC close for today was at .404475, s
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Posted On: 02/09/2021 5:47:57 PM
Bravo,
The OTC close for today was at .404475, still don’t know how you can split a penny into 6 decimal places. https://www.otcmarkets.com/stock/GNBT/quote
Anyway, six place decimal trades seems to be common with GNBT. I don’t make any importance into that. But what I do find interesting is the new market maker appearing on an all ready crowded scene yesterday, JANE https://www.janestreet.com/. That now makes a total 12 MMs trading GNBT stock. Doc mentioned yesterday, if they (JANE) are there expecting an increase in trade volume (in 7-10 days?) and want a piece of the action. I am wondering if they (JANE) might be buying and holding some of those day trader “churn-able” shares that are free floating, to then later be sold when GNBT hits (after the NGIO IPO) its true share price value. If I am right in my last post that there will be a day trader run-up in anticipation to the upcoming Ii-Key mouse test results (and maybe the IND S-1 also?) and the churn shares (trade volume) starts becoming less and less, I might have a clue where they are going.
The OTC close for today was at .404475, still don’t know how you can split a penny into 6 decimal places. https://www.otcmarkets.com/stock/GNBT/quote
Anyway, six place decimal trades seems to be common with GNBT. I don’t make any importance into that. But what I do find interesting is the new market maker appearing on an all ready crowded scene yesterday, JANE https://www.janestreet.com/. That now makes a total 12 MMs trading GNBT stock. Doc mentioned yesterday, if they (JANE) are there expecting an increase in trade volume (in 7-10 days?) and want a piece of the action. I am wondering if they (JANE) might be buying and holding some of those day trader “churn-able” shares that are free floating, to then later be sold when GNBT hits (after the NGIO IPO) its true share price value. If I am right in my last post that there will be a day trader run-up in anticipation to the upcoming Ii-Key mouse test results (and maybe the IND S-1 also?) and the churn shares (trade volume) starts becoming less and less, I might have a clue where they are going.
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