Boreal Water Collection Inc. (fka BRWC)

[difumetti]

NITE and MM Explained:

I used to not understand this, so here is a post to help others understand.


NITE : This is the king MM of the OTCBB. He intimides traders and other MMs use that to their advantage knowing that he scares them. That's why NITE is the shaker on most stock runs; he is the most common ax. NITE could be on the ask all the time, he could be leading a dip scaring sellers to SCHB and TDCM on the bid.

Market Makers (MM) - These are the players who provide liquidity in the marketplace. This means that they are required to buy when nobody else is buying and sell when nobody else is selling. They make the market. In other words, the Market Maker buys and sells the stock to brokerage firms.