OncoSec Medical Inc (ONCSQ)

[ragnarokstocks]

Do any of you place any stock in the supposed 'order size codes' that various makers use to send messages and signals?

For example (and I don't know if I believe this or not, but who doesn't like a good conspiracy theory?):

Many traders believe that Market Makers (MMs) will "signal" moves in advance buy using small amounts of buys or sells as "signals". The "signals" are from one MM to another.

- 100 I need shares.

- 200 I need shares badly, but do not take the stock down.

- 300 Take the price down so I can load shares

- 400 Keep trading it sideways.

- 500 Gap the stock.

This is a theory put forth by a lot of penny stock traders. This is not a guaranteed trading method but can lend some insight to communications. It can pay to watch a few MMs of your favorite stock over several days or weeks to see if they follow these or other similar signals. That way, you can divine what they are going to do and jump in ahead of any move that may come.

http://falconstocks.com/information/readingmarketmakers.htm

What do y'all think? Or is it just tea leaves?