EFuel EFN Corp (EFLN)

[Oz the OK]

Pinks and OTCBB's don't trade on an exchange. They are traded between Market Maker's. For a stock to be listed on the Pinks, there has to be a primary MM designated as the lister of that stock. It's NITE for EFLN.

MM's, besides trading the stock for their clients, can trade it for their own accounts too. This can lead to manipulation...they can short it, drive the price down, then buy it back cheaper for a profit. We little guys in retail can't short a stock, so it's not a very fair playing field. If you buy a stock intending it to go up, and the MM's drive it down because they can short it and trade between other MM's, it can not only not make a profit for you, it can tie up your capital for a long time unless you sell for a loss...which is what the MM's want. Also, there is very little oversight or regulation at the Pink/OTC level compared to the exchange level. Naked shorting is pretty rampant in the Pinks.

It makes for a false market at times. You'll sometimes see a couple million shares bid the price up...and then the MM's will drop it down on a 10,000 share trade between themselves.