InterCloud Systems Inc. (ICLD)

[why_meil]

There are no trades "happening" after hours for ICLDD. The MM(s) simply "report" certain trades after the market closes.

The trades "reported" after hours today for ICLDD are T-Trades. These are trades that "happened" during the normal market hours today (between the time the market opened and before the market closed).

The MM(s) just report these trades after the market closes. ICLDD does not trade after hours, for that matter no pink stocks do.

T Trades are just certain trades made during normal market hours that the market maker(s) report on a Form T after the market closes.

Market makers use Form T reporting as a way to keep us peon retail traders from seeing their every move during normal market hours. It's easier for them to manipulate stock prices higher or lower to their advantage by reporting certain trades made during the day AFTER the market closes. FINRA only requires them to report all trades in a day, they are not required to report all trades as they actually occur.

Here's a good article on the subject:

https://incrediblepennystocks.wordpress.com/2013/06/25/incredible-penny-stocks-what-is-a-form-t-trade/