AmeraMex International Inc. (AMMX)

[chevdawg18]

Weeeee im finally in some on this pullback. Let me explain what just happened.

That was NOT stop loss orders. that was a 813,140 share market sell order. the stock went from .031 to .014 in 1 min and 7 seconds as the entire sell order just kept taking out bid after bid until finally there was enough of bids in at .014 to fill the rest of the buy order. thats why it happened so fast cause it was 1 big sell order.

Whoever it was, surely did not know what they were doing because they lost a lot of money, and most brokers will not even allow market sell orders on OTC stocks in the first place, i believe. Eitehr way, it was an accident by 1 trader (one they wish they could take back) but it allowed for some serious dip buys and now some great buys around the low .03s.