all otcm they claim is 15 minutes behind....lol in UBQU's case it can be an HOUR behind.
later after the sells, about 1,940,000 buys came in....market maker "evening" out the trade in the name of liquidity? dunno. maybe it's a retailer buying 101.60 ...doubt it.
also, if this had an "algo SELL" bias? we wouldn't have had a bid 00005 and ask 0001 AND once those 320M came down? oh we'd be SO HARD locked PPS at 000001 regardless of buys. this furthers my belief that whoever got those shares dumped, did not NECESSARILY want to dump. I think some entity got in receivership and was forced to liquidate their UBQU assets (I'm sure amongst many other assets) and the computer grabbed it and sold to the bid.
you have seen 320M+ sell to 000001 on many pinks? I'll admit , I don't do a lot of pinks and nobids, I think it might happen as they die in expert markets...but I get the feeling being moved to expert is not int he near future for UBQU.
it's also FINANCIALS earning season. folks I listen to said the SEC told credit suisse to wait a few days before announcing as they cleaned up SVB and the other banks failing.
my guess is there's going to be a LOT of cooked bank books in the near future....ain't gonna save them tho imo.
also there are "family hedge funds" ..hedgies run by a single family and are IMMUNE to OVERSIGHT. gary gensler laundered 150m dollars this way once he became SEC chair.
so like archegos....when THEY pop, not even wall street gets the indication until things start heading dowwwwnnnn
easily I can envision some hedgie back in the jerome powell blew money into the markets in 2021 days....some hedgie bought 32,000 dollars of UBQU and now...they got in receivership.
also GTSM maybe is taiwanese.....maybe they sold.foreign investors are quitting US markets in real time. coulda been a foreign institute just eating it and bugging out for the great collapse of the dollar.
