GeoVax Labs Inc (GOVX)

[asskiss_of_evil]

Could be a MM covering its short. They got blindsided by this one. The ask hasn't collapsed, which is good.

I read up on this a lot lately. When a MM gets a call to fill an OTC order, they often have to borrow the shares. If the price spikes shortly thereafter, MM either has to short more (maybe explains today's sell/buy imbalance,) or bottom feed for cheap shares to cover the short position or else they barbecued. It has helped my understanding of how OTC stocks behave in the two weeks or so following a runup. Not trying to sound like a know it all. This was a big eye opener for me.