lowtrade

[lowtrade]

OK readers I need some help.

Was watching CDNL trade today and saw something I've never seen before.

I've been thinking and thinking about what happened today pertaining to Market Makers actions. Saw a trading stop that I can't remember ever seeing in my 13 years.

At 14:33 several trades closed at ASK .0151. The bid was .015, couldn't get any closer on retails mindset who wants to buy VS who wants to sell. There was no ramping up prior. So no possible desire for M&Ms to stop or hold trades from closing.

But that's exactly what happened. With the bid/ask .0001 apart no one would buy .0151 or sell .015. ???? Can't believe a retailer didn't enter and order for either for 50 minutes! I checked FINRA for system status or trading halts and found no halt or problem with the OTC trading platform. So it had to be 9 M&Ms some how not closing a trade for 50 minutes with a bid/ask spread of .0001. I've seen 9 M&Ms hold trades in a emotion rush higher to stop it. So I know it's possible for collusion, I saw it a lot back in the day when REG SHO wasn't being enforced. But this time there was zero need and the OTC is s different trading place since enforcement.

So here I am, hours after close and 13 years of experience and I can't come up with 1 reason that would benefit M&Ms, retail, VC's, or any other entity. And it's driving me nuts.

Has anyone ever seen this before?

For me it's like looking up to the sky and seeing a large passenger plane flying upside down across the horizon. I have that kind of personality. Have to understand why what I see happened. And I wouldn't understand that. And I don't understand this.

And I'm having a problem excepting "not one retail person" place an order either way .0001 apart for 50 minutes. But I have too, because I can't come up with another logical reason.

Here's the Time & sales for that time period; look at 14.33 to 15:23. No trades bid was .015 ask .0151
http://quotes.freerealtime.com/dl/frt/M?IM=quotes&type=Time%26Sales&SA=quotes&symbol=CDNL&qm_page=29263

Help; I want to get some sleep tonight. LOL