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
$0.0006 2,000,000 OTO 02/10 ________________________________________________________________
$0.0007 50,000 OTO 02/10 $0.0006 2,000,000 OTO 02/10 $0.0006 206,728 OTO 02/10 $0.0007 10,000 OTO 02/10 $0.0007 10,000 OTO 02/10 $0.0007 110,000 OTO 02/10 $0.0007 43,000 OTO 02/10 $0.0007 100,000 OTO 02/10
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.