Opexa Therapeutics, Inc. (OPXA)

[bogblog]

Well to be honest, I'm just in this for the chart, and plan to sell next week. I like the fundamentals here, but I don't have the money to be an investor. I do this for a living with a small account subject to PDT, so I've got to trade aggressively and book profits as they come.

Wow, so you used to be a market maker -- can I ask you a question or two? Did you trade on the OTCs too? The OTCs are my bread and butter. I hear a lot of stories about MM manipulation on the OTCs, with things like naked shorting, and using codes to communicate with other MMs, for example, on a penny stock, using a 100 share order to mean 'I need shares' or 300 share order for 'lets trade this sideways for a while' and so on.

On the other hand... I've heard people say that MMs can only execute orders given to them by clients, and that 'MM manipulation' is all a load of conspiracy BS.

As you were a market maker, if you could share your thoughts on some of these issues, I would be fascinated to hear them.

Do you have market markers who you look for when in a trade? I know to run when I see VNDM, because he tends to sell with no regard for share price. But he's the only MM I have a strong opinion about.