Mike Lindell Media Corp (MLMC)

[gattes12]

william2112 so you are saying that people sitting at the bid brought the price down? When an order is placed to buy a stock (bid or ask)it is an offer, not enforcement. If it were that easy then such would be the case throughout the stock market and no stock would run. It is up to the sellers (MMs for example) to accept the offer at the bid. Most of the time when a stock runs, they won't. The ask price will increase based on demand and volatility of the stock. If a stock is in high demand, the MMs will raise the ask price and not sell at the bid at all because this is what has been established as the price at which people should pay to buy the stock. That should have been the case with the first Dr Phil news. But, because of the amount of outstanding shares (dilution), there really is no demand. If you look at other stocks in the OTC world (Raven Moon Entertainment RVME.OB is a classic example) it is easy to see the long-term effects of dilution as this company has only done it for years. Not saying that GZFX is that bad, but you have to admit, they walk the same streets.

More info on dilution:
http://en.wikipedia.org/wiki/Stock_dilution

Some info on MMs
http://en.wikipedia.org/wiki/Market_maker