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Re: JohnHolmesJr post# 13659

Tuesday, 09/16/2014 10:59:21 AM

Tuesday, September 16, 2014 10:59:21 AM

Post# of 63806
For some time now, after the price gets driven down by bid whacks involving anywhere from 10K to 100K shares, there is frequently a ridiculously small trade (500 or 1000 shares) at the ask to get PXYN green. It looks to ME like an attempt to make things look better to faciliate dumping of more shares, but I confess to being unfamiliar with the "MM games" that posters frequently use to explain the declining share price. Any of you OTC gurus want to share your thoughts on this behaviour?

This type of trading activity recently led to the pretty funny "the longs won the battle today" post when a small trade at some price (say $0.051) near the close left PXYN green for the day after a million or more shares traded at a much lower range (say $.045 - $0.049). (I don't remember the exact figures).