Bioelectronics Corp (BIEL)

[srinsocal]

I don't know where you are getting your Time/Sales info, Fidelity shows no such 2 Ask Size

<<<<< who had the 65 million shares on the ASK at .0002 all day >>>>>

When the Ask flipped from 3 to 2 at 09:31:59 there were 25,443,096 shares on the 2 Ask.

4 hours later, after the 7 million share Buy at 13:22:03, there were 18,468,096 shares on the 2 Ask.

Fidelity
Time & Sales
BIEL
03/28/2025
Hours: All
Price: All
Exch: All
Size: All
Time//Last Price//Last Size//Exch//Bid Price//Bid Size//Exch//Ask Price//Exch//Ask Size
13:22:03 ET 0.0002 7000000 OP 0.0001 611556924 OTPK 0.0002 OTPK 18,468,096
09:31:59 ET 0.0002 10000000 OP 0.0001 596656524 OTPK 0.0002 OTPK 25,443,096
09:30:09 ET 0.0002 10000 OP 0.0001 298558747 OTPK 0.0003 OTPK 52,649,633
09:30:06 ET 0.0002 30000 OP 0.0002 10000 OTPK 0.0003 OTPK 52,649,633

I am sure you are aware that on the OTC Traders Buy from the MMs at the 'Ask price' and Sell to the MMs at the 'Bid price'. There are no direct Trades between Buyers and Sellers. The Ask/Bid sizes are the quantities the MMs are willing to Buy and Sell at the quoted price.

"Market Maker Role:
Market makers are crucial for market liquidity, ensuring smooth trading by constantly quoting bid (buy) and ask (sell) prices for a security."

"Bid and Ask Sizes:
The "bid size" represents the number of shares a market maker is willing to buy at the bid price, while the "ask size" shows the number of shares they are willing to sell at the ask price."

"Realistic Liquidity:
Market makers must provide realistic liquidity, meaning the sizes they quote must reflect their actual willingness to trade at those prices."

"Market Conditions:
Market makers adjust their bid and ask prices and sizes in response to market conditions, such as volatility and inventory levels."