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Re: None

Thursday, 09/28/2017 6:17:12 PM

Thursday, September 28, 2017 6:17:12 PM

Post# of 203913
Most otc stocks that have massive runs sell off because of toxic debt and front loading. Owcp has been different because there was no front loading or toxic debt, but many people had cheap free shares so didn't care about dumping to the bid.

If you look at the volume between when it broke through 1$ for the last time and now the volume was extremely low. Couple that with a slow otc summer and you get an overblown drop due to lack of liquidity. Simply not enough buyers to absorb the small selling pressure.
The dollar volume today on the otc qb could be an anomaly or it could be the start of otc season as the penny market has still been in summer mode meaning low dollar volume.