That may be true, but no bid and no ask showed at all on the OTCMarket summary board for LPIH, and that is not Lev II and normally shows no share quantity but always shows bid/ask. I'll see what happens if I try again tomorrow, but I could swear that my unfilled order on Friday showed as a confirmed bid that no mm accepted. I trade through Schwab and have never had a problem like this before.
After two trading days of unfilled orders I can definitely tell you that nobody is interested in unloading shares at these prices in either large or small increments. That's the good news. The bad news is that an illiquid stock on the buy is an illiquid stock on a later sell. That's the bad news. Tells me the mm's have an agenda and that could be at odds with a small, private investor in a faraway land.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.