I must admit that the massive selling this morning at .0001 caught me off guard. But here's what I find the interesting thing. After the massive selling into the bid of .0001, there has not been one token buy at the ask of .0002 in nearly an hour.
Why do I find that interesting. Because with BTZO being the highest volume OTC pink trading this morning, holders of BTZO know that the top volume stock will get a whole lot of eyeballs on it (because it appears at the top of the volume board).
And when many of those eyeballs notice this stock for the first time, there's a huge difference in perception between seeing it down 50% and seeing it neither up nor down at .0002 (the closing price yesterday).
So again, for a tiny amount of trading money, any sort of buy at the ask could have massively altered first impression perception, yet no one seems interested in doing that. I could be off base here, but that indicates to me that holders of BTZO would rather get more buys filled at .0001 than have any new buying interest in BTZO. And the most logical conclusion I can come up with for this is that they believe this will go up in a big way, and would like to accumulate more shares (at .0001, at the moment), before that rise occurs.
As always, simply my opinion.
BTZO
