Liquidmetal Technologies Inc (LQMT)

[rige]

Spot on, Last year my brokerage stopped accepting online orders of otc stocks, now i always have to call to place an otc order and before they accept my order they read a long disclaimer about otc markets and wild price variations in executing sale/buy orders if those orders are placed ‘at market’ and/or if any ’stop order’ is attached to any otc holdings. Stop orders (buy/sell) are executed ‘at market’ when triggered.

No matter how many times i call and tell them i’m aware of the risks involved they wont take my order until they read the lengthy disclaimer and record my verbal acceptance of the risks. Its a pain cause it takes upto 20 minutes from start to finish, but I found a work around, i place 2-3 orders at way below market value then adjust them accordingly online. I can adjust all variables of the order online. The only problem is i no longer use the ‘fill or kill’ option so it does take longer for MM’s to select my order. Bastards !

Anyways its possible to look at this manipulation as MM’s trying to accumulate more without spiking the price. Thats a good thing for true longs, those that have no stop orders.