US Stem Cell Inc (USRM)

[Dragon Lady]

"Yup, scary stuff". See that one- they just sunk it back down 18% again, right as your post came up.

.0190 to .0159 and it's a micro-blip trade. Looks like maybe 25K shares tops, which would be about .0159 X 25K = $397 bucks, if even that.

They slammed it down 18% on less than $400 lousy bucks. Wow that's playing with fire to me. And as stated before- if one had a large position, say from last week, and now wanted to get out- these MM's, often, simply won't give a fill until they keep dropping the price on ya, till they get the spread they want on it.

Sell orders can just sit sometimes for an hour or more- until the seller keeps notching the price down to where the MM is willing to give a fill. It can be an enormous spread sometimes to get them to make that fill. They just let the order sit and leave it parked there until the seller is willing to keep ratcheting it down, down, down until it will fill. It's pretty darn ill-liquid. What looked like maybe a 20% profit can evaporate if one's trying to unload say $10K worth- as that's a big part of a day's dollar volume on this one. The MM's just won't fill a $10K sell at what looks like market most times- they're gonna wanna take it down for that amount of dollars. And $10K is nothing when not on the OTC.

You take any listed stock- you can put a $10K order to sell in, and it'll fill at the displayed quote in a micro second. Not on these thinly traded OTC plays. It's a gamble to "hope" one can make enough of a gain- like 50% to 100% on a larger dollar amount, that they can then sell out of that positions without self-burying their own gain when their own shares go up on the sell side. Pretty wild, wild West stuff. Vegas baby.