today, SPSC perfect example of how crooked mms are: massive selloff, then after two false turns, the stock cruises to 2.935 on heavy buying. Four minutes later the stock almost all of its retrace gains, as the mms, in a concerted effort, absolutely jerked out the rug, on very little proportional selling. when the mms get extremely crooked, as they have been over the past few days, it's time to scalp, scalp, scalp (if you can get decent fills).
this is a phenomena that seems to pervade the OTC mkts; if you see that mms are being especially cruel, you can expect that behavior to permeate most of the stocks in OTC. this is a phenomena that can definitely be felt. adjust accordingly.
again, lots of shares were absorbed at the short term high, but there was no movement in price. dead giveaway. the crooked mms are selling shares at the temporary high, in preparation to bring the stock down.
