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
Time & Sales
Price Size Mkt Time
$0.0021 100 OTO 08/11 $0.0022 100 OTO 08/11
$0.0021 32,933 OTO 08/10 $0.0022 200 OTO 08/10
$0.0022 10,000 OTO 08/10 $0.0028 10,000 OTO 08/10 $0.0028 10,200 OTO 08/10 $0.003 10,000 OTO 08/10