InvestorsHub Logo
Followers 239
Posts 6798
Boards Moderated 0
Alias Born 01/21/2017

Re: RickRat post# 84851

Thursday, 10/12/2023 10:50:17 AM

Thursday, October 12, 2023 10:50:17 AM

Post# of 98377
The OTC market is fully automatic. There are no 'rogue' MM's, because there are no people looking at the trades. It is fastest computer makes the most money. There are over 10K OTC companies, and each company has trades every day. Billions of shares are traded every day. EVERY SINGLE TRADE is recorded for all time. In order for any MM to buy any shares, there has to be a seller within the spread. By LAW, they HAVE to buy those shares. Likewise, they can't sell any shares unless there is a buyer within their spread. Then, BY LAW they HAVE to sell them. Every trade is timestamped, the number of shares trades, the seller and the buyer. MM's ARE buyers and sellers, and they are the ONLY ONES that can buy or sell your shares.
Employees of Mm's that would 'cheat' their employer would not last long, as the fines are FAR higher than what could be made cheating sub penny stocks.
So, all, GET OVER IT. The MM's are no trying to cheat you. It is buyers and sellers that change the share price, especially those that buy/sell at market. If I want to sell 10M share, it will be at a limit. MM's will take forever to fill the order because they can only buy when the selling price is within their spread. Then they HAVE to do the trade FOR THE AMOUNT STATED IN THE SPREAD. Then, they can change their spread if they want to.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NHMD News