Brownie's Marine Group Inc (BWMG)

[BWMG bull]

Awesome accumulation going on today.

We've had some nice bids at $0.06. Yes, they filled but they did not fill quickly or in large blocks. The largest trade today has been for about 25,000 shares. So we have some small retail exiting and/or market maker games.

What I love most is we're seeing a few 100-200 share prints into the bid after the ask gets hit.

For example, we had 25,000 shares go through at the $0.0608 ask that took it out. Shortly after we then had 150 shares go through at the $0.056 bid.

This is a tactic that can be used to get people to sell into the bid. Market makers print the bid to make it look like the stock is down and is weak, when in reality only $5 traded there! But if someone isn't using level two or studying the time and sales they wouldn't know that. They just see the stock down 10%!

Bottom line: excellent accumulation today and based on my experience market makers are in accumulation mode! This is a great sign of things to come as we establish stronger support above $0.05 and work on getting through resistance between $0.06-$0.065.

GLTA!