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Re: moorea9 post# 39373

Tuesday, 05/02/2017 4:53:32 PM

Tuesday, May 02, 2017 4:53:32 PM

Post# of 57095
Overall nice day on QSEP and nice to see big buyers on the stock.

Yeah Moorea that's the robot. The market makers use computers/algorithm's that trade every stock now, including OTC stocks. I call them the robot.

CDEL is the robot on QSEP which is run by the market makers, and they constantly are throwing small buys and sells around. They jump ahead of the highest bid fractionally on the bid, and they go fractionally lower than the highest offer. Once they get filled on the bid or the offer, they then add shares to sell higher what they just bought, or buy lower what they just sold and they do this on every OTC stock all day long. They are constantly making money and taking advantage of the spread, and in OTC stocks the spread is wide. The make a lot of money just doing this, while making a market for the stock.

It does provide liquidity, but it also prevents real buyers and sellers from getting the best real prices. They annoy the crap out of me bc I'm constantly fighting them on all the other OTC stocks I trade.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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