PMX Communities Inc. (fka PMXO)

[Navyvet004]

Very true but I am following this to the T lol. I have watched level 2 from start with this company and we have new bid and ask MM's since the start of the promotion back in Jan. There is going to be dilution up the ying yang with the amount of shares RAFF is absorbing. This MM has been here at the start and will be gone during the next promotion, but heavy dilution is going to set in on their side.

23. The Bid And Offer Axiom
Level 2 is often the truest of truths in the OTC. It tells a very accurate story. If you cannot afford to spend your day glued to L2 watching the issues you're trading...you shouldn't expect winning trades on the OTC. I simply cannot stress enough the importance of having LIVE Level 2 and understanding it. Spend some time paper trading which watching L2s. Practice. Practice. Learn. You just gotta understand what the Level 2s are telling you. Some of my friends would also come in here at this point and say it is not only L2 it is also the chart. I would argue that it is MORE L2 and LESS the chart. By understanding and watching L2 I feel like I can identify dilution much faster than by simply looking at a chart and all its indicators.