Friday, September 24, 2021 8:09:11 AM
OTC mostly is all about retails and volume. The volume comes from news and PRs. When news hits, retails come and volume increases and price goes along.
When volume goes down, so goes price. Meaning, not many buyers. So obviously, if you wanna sell, you have to go to bid and that too small bid, so you have to go even lower. If i need money and want to sell my 10m, I have to put way lower than bid price, that’s why you see some long candles down or up. Same thing happens for buying. No sellers. If you want to buy 10m shares, you have to put 0.014 or more to cover to buy it.
The point is it’s all news, volume, supply and demand, not much planned suppressing.
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