Monday, November 19, 2012 1:05:11 PM
Does anybody have an opinion on what it means when no MM's are present?
http://www.otcmarkets.com/stock/mjna/quote
Either they are holding long or sold their positions. All the recent huge volume could have been them selling position.
What else could be going on?
I've hit the limit of my understanding, I can posit educated guesses, but I'd rather open this topic up instead of dominating it.
If they are long, that will reduce the float, reduce volume and hopefully demand can drive prices.
If they are empty, then this is the Wild West: true market forces.
There is a lot to be learned from this situation for the savvy investor. I'll be watching this closely, I just wish I had Level 2s at work/on my phone.
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