At this point- I'd prefer just say some "fellow I-hub" members is probably best. Again, I'm purely speculating, I'm amateur at best and don't know enough to prove anything- so I don't want to go on record like I'm claiming expertise or anything.
I literally stumbled on that OTC depth/Level II tab and just clicked it one day. You know I'd mentioned "flat lining", these long periods of seemingly no trades. Then I opened that depth/level II tab for the first time and I saw these real small, odd value (say 126 shares or something trades, I did the math real quick, and was like shoot, a $1.68 trade or something? Really? That's when I was like OK, this is "interesting" to say the least) and then I could see the time stamps and knew for sure that those time gaps/flat-lining periods sure appear real- and just found it again, "interesting" to say the least.
I have a feeling, an initial reaction from the ole SEC, cause they probably warn right on their site and BHRT probably warns right in their SEC filings is something to the effect that, "OTC stocks can be thinly traded, thus no guarantees that orders may fill in a timely fashion or at a particular price.." blah, blah, blah.
But I'm saying, "come on"- BHRT has had news out, only a few months ago orders would flow back and forth, real smooth with bid/asks updating, the stock would pretty much open at 9:30 AM with the rest of the market- and now?
That's all I'm saying at this point. I'd say me, personally, I'm in "research" mode at this point- wanting to get a better feel at watching that Level II historic tick. I may upgrade and get a real time Level II, I've had it in the past. I'd be real curious if anyone has it, when that OTC board Level II is showing "flat line"; at that moment is a "live" Level II literally parked and just sitting stagnant? Try and find someone on here who has full level II, that would be real interesting IMO.
I'll tell ya- when I used to watch listed, NASDAQ stocks on a level II ticker- it moves at blinding speed- updating constantly. I wonder if BHRT, in say this AM one hour gap- was literally no bid/asks even posting- cause that's what my retail account showed. It literally was stamped with yesterday's date, the yesterday's closing price and no bid/ask appeared "live" or to budge or update even once- for well over an hour into the trading day.
See if you can find someone here with live Level II. If it does one of these "no trades at 9:30 AM market open"- see if you can ask um, is their screen stagnant, meaning nothing scrolling, no bid and asks being flashed as if no orders are trying to be matched as buys and sells. That would be a good piece of data IMO. That OTC site is on 15 minute delay- I'd like to know is any bid/ask moving, flashing, doing anything when this flat-lines. Which I'd find hard to believe- meaning not one soul out there for an hour had an interest to buy or sell so much as $500 bucks worth of BHRT, or is it they only have one MM/Broker now, whatever he's called- and maybe he's "gatekeeping" or something? On a listed stock- shoot, there's like 5, 10 or more MM's flashing orders and trying to match bid/asks so fast - it's a rolling video game screen. How can this stall for one hour or more?
Try an figure out the long stalls, flat line periods first and also the tiny, tiny micro trades- the $4 dollar or $1.72 stuff- that's the first place I think is most interesting IMO.
AI
