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Re: justdafactss post# 197900

Thursday, 12/23/2021 5:06:09 PM

Thursday, December 23, 2021 5:06:09 PM

Post# of 233220
That would be my hunch too.

I would speculate these form T trades, done at the "average" price, are shares acquired below $1.00 (possible as low as $0.25 per filings) and held for the required 6 months, whose orders are "worked" by a broker/dealer and the final "print" for those clients at the average price of the day is reported via form T.

If this is seen regularly on an OTC stock engaged in raising cash through toxic to equity instruments always be wary of form T trades.

BTW, By giving a broker/dealer discretion on an order allows them to offer your shares on the ASK and not sell into a weak bid decreasing the price.

Good old "working" the book is from a bygone era, but is still "normal" on the OTC.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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