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Re: StockRocket post# 42689

Wednesday, 04/26/2017 10:41:48 PM

Wednesday, April 26, 2017 10:41:48 PM

Post# of 127559
This will be above $0.10 soon. With all due respect, you are unnecessarily spending so much time defending.

Remember that the OTC stocks are traded by MM at their whim. It is not an automatic matchmaking like that in big boards. So the pps is always at the discretion of the MM.

2-3 years back I remember one OTC pinky went up like 2000-3000% on some rumor. After 2 days it was found that the CEO has been dead more than a year ago and there is no officer for the company but it was still trading. That is the craziest thing I have ever seen on OTC.

The MM's are not reading about the company or their 10Q. They go by the volume and direction and they are always right.

The MMs are interested in volume because they make money on the spread. So they will always take the stock in the direction it wants to go. If there is dilution then there is only one way to go south and the MM knows it.

Lack of dilution, without much investors interest the MM will leave it stagnant at some price. With the investor, interest it will go up stairwise. That is why OWC*P went to $3 not because the company is worth that much.

Once the stock starts moving up all day traders and their mothers and dogs they will jump in and the cycle repeats itself.

Nothing new. It probably saw the lowest today. In any case next, stop $0.05 and then $0.10.

You can mark this post.

Now if the management comes with some horrific news of dilution then of course back down.

btw- a clean shell is worth $2.5 million now.

Fools argue to win, so stay away from them and still say Thank you.
Smart people argue to seek the truth and say "Thank You" when they find that they are wrong.