I see a lot of uninformed who don;t use L2 or understand OTC trading. price action was led 100% by market makers. the only ones buying "11" today were the MMs selling to themselves. they were particularly brutal today.
the only ones who sold today are stop loss victims or the panic seller.
there were no large blocks being sold
no mass exodus of retail holders
barely any retail shares put up but a ton of MM borrowed shares to make it look like a "sell off".
MMs artificially dropping the bid and last trade to scare up some retail sellers, and retail buyers.
took me several hours to get a decent fill at .12. finally some sheep posted enough shares on the ask to fill it.
and any bids I placed in the 11 range were not posted.
toward close the MMs had to roll up their shindig and bring the price back to last RETAIL trade level, .123
Buy companies with cashflow, execution & undervalued mkt cap. Don't base knowledge on what someone said on a message board. Don't use stop losses- EVER. Lock your shares by placing GTC sell at high price, MMs & shorts cannot borrow them to affect price.
