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
Understanding the Form T-Trade:
If a market maker wants to accumulate a large amount of a stock in one trading day, that market maker may actually not report any of the trades that occurred until the trading day has ended so as not to alert the market to the collection.
$0.0004 2,134,299 OTO 15:47:01 $0.0004 10,000 OTO 15:46:54 $0.0004 855,701 OTO 15:46:44 $0.0004 100,000 OTO 15:35:09 $0.0004 2,249,999 OTO 15:33:52 $0.0004 200,000 OTO 14:58:26
$0.0003 1,058,571 OTO 14:58:02
$0.0004 244,300 OTO 14:37:08
$0.0003 1,152,000 OTO 14:34:07
$0.0004 200,000 OTO 14:10:37 $0.0004 370,000 OTO 13:55:15 $0.0004 280,000 OTO 13:37:59
$0.0003 15,000,000 OTO 13:35:59
$0.0004 996,507 OTO 13:15:05 $0.0004 3,003,493 OTO 13:13:41
$0.0004 975,000 OTO 13:09:40 $0.0004 1,000,000 OTO 13:08:03
$0.0005 250,000 OTO 13:03:21
$0.0004 100,000 OTO 13:03:14 $0.0004 1,500,000 OTO 13:01:52 $0.0004 500,000 OTO 12:59:26
$0.0003 54,300,000 OTO 12:56:22
$0.0004 2,000,000 OTO 12:51:04 $0.0004 10,000 OTO 12:50:48 $0.0004 1,440,731 OTO 12:50:09 $0.0004 249,998 OTO 12:49:54 $0.0004 1,750,002 OTO 12:49:44
$0.0004 10,000,000 OTO 12:48:59 $0.0004 15,000,000 OTO 12:48:59
$0.0005 390,000 OTO 11:13:19 $0.0005 800,000 OTO 10:39:14 $0.0005 1,000,000 OTO 10:04:12 $0.0005 10,000 OTO 10:03:01 $0.0005 3,716 OTO 09:48:53 $0.0005 781,284 OTO 09:48:43 $0.0005 10,000 OTO 09:46:40 $0.0005 152,000 OTO 09:46:38