Wednesday, January 31, 2018 5:11:10 PM
To understand how this trade works one must understand the role of the market maker. The most frustrating aspect of investing in the pennies is market maker manipulation of the stock price. Anyone that claims this manipulation doesn’t happen truly does not understand the OTC Market. Market makers are in place to “control” the price of a stock and, theoretically, to ensure that the market reacts properly to supply and demand for a certain stock. Unfortunately, when large sums of money and a lack of regulation are involved, more often than not, there is manipulation that suits the needs of certain investors or the market makers themselves. After all, they are in business to make money as well. If the average investor is purchasing stocks in the OTC Market, that investor is truly at the mercy of the market makers involved in the purchase and sale of that security.
Opinions posted by me are just that, my opinion.
This is in no way a suggestion to buy or sell any security.
Consult your own financial advisors for investment advice.
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