Penny traders believe that Market Makers (MM) will "signal" moves in advance buy using small amounts of buys or sells as "signals".
The "signals" are such a small amount of shares (worth no more than 5 or 10 dollars) that no trader would have paid a commission that costs more than the amount of shares bought.
The "signals" are from one MM to another.
100 - I need shares. 200 - I need shares badly, but do not take the stock down. 300 - Take the price down so I can load shares 400 - Keep trading it sideways. 500 - Gap the stock. This gap can be either up or down, depending on the direction of the 500 signal. 911 - Pending News
$0.0002 500,000 OTO 15:08:24 $0.0001 5,000 OTO 15:06:30 $0.0001 350 OTO 14:50:44 $0.0001 2,500,000 OTO 14:32:31 $0.0001 4,019,254 OTO 10:12:06 $0.0001 980,746 OTO 10:12:06 $0.0002 374,799 OTO 09:30:02 $0.0002 374,799 OTO 09:30:02 $0.0001 225,000 OTO 09:30:02 $0.0001 200 OTO 09:30:02 $0.0001 40,000 OTO 09:30:02