Oncolix Inc. (fka ONCX)

[CatfishHunter]

Reaper might have a different response but it's my understanding that when you typically see a 10K block on the Ask, its because the MM has a larger unknown amount of shares to sell. So as to not scare off potential buyers with a huge Ask amount, they will "hide" their share total behind a "blind" 10K wall or similar amount. If you slap the 10K Ask and it still stays unchanged, that's a pretty good indicator. Most of the time, it's dilutive MM's like BMAK, the V twins VFIN and VNDM, etc. NITE typically isn't a dilutor but interesting they've been constantly showing a 10K hidden sell order. And still not sure what OTCX is up to. But since they are only a recent MM showing up, my guess it's not a typical retailer MM and they are trying to unload some shares. Thankfully they're not pounding the bid. Possibly some bot algorithm trading between OTCX and NITE.

Any amount of legitimate good news and OTCX will go away with a few buy orders and NITE will move up.


Giddyup ONCX!!!