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.
$0.0003 2,470,000 OTO 15:36:34 $0.0003 200,000 OTO 15:05:15 $0.0003 434,820 OTO 14:38:26 $0.0003 4,132,555 OTO 14:29:29 $0.0003 500,000 OTO 14:25:57 $0.0003 10,000 OTO 14:25:51
$0.0004 250,000 OTO 13:43:02
$0.0003 7,334,800 OTO 13:23:03 $0.0003 980,700 OTO 13:21:12 $0.0003 2,019,300 OTO 13:21:11 $0.0003 1,589,500 OTO 13:20:27 $0.0003 979,170 OTO 13:20:27 $0.0003 10,531,330 OTO 13:20:26 $0.0003 700,000 OTO 13:16:27
$0.0003 1,250,000 OTO 12:58:12 $0.0003 312,500 OTO 11:48:37 $0.0003 1,240,000 OTO 11:31:33 $0.0003 1,333,333 OTO 11:30:27 $0.0003 115,000 OTO 11:30:27 $0.0003 900,000 OTO 11:30:27 $0.0003 2,152,001 OTO 11:29:52 $0.0003 10,428,493 OTO 11:29:27 $0.0003 16,000,000 OTO 11:29:16 $0.0003 1,350,000 OTO 11:26:25 $0.0003 2,200,000 OTO 11:18:42
$0.0004 500,000 OTO 10:08:39 $0.0004 2,500,000 OTO 10:06:11 $0.0004 1,220,000 OTO 09:47:15
$0.0004 10,000 OTO 09:47:02 $0.0004 10,000 OTO 09:46:52 $0.0003 95,000 OTO 09:46:09 $0.0004 450,000 OTO 09:37:24 $0.0004 95,000 OTO 09:34:47 $0.0004 450,000 OTO 09:33:58
$0.0004 170,000 OTO 09:30:06 $0.0004 2,500,000 OTO 09:30:06
$0.0004 525,050 OTO 09:30:01 $0.0004 100,000 OTO 09:30:01 $0.0004 500,000 OTO 09:30:01