lowtrade

[lowtrade]

Cool thanks for the explanation. Is logical. BUT

Your thinking big boards at the OTC. Common mistake. But they are two completely different playing fields! At the big boards low float means price change can be larger and faster, due to tight/scarce share availability.

On the other hand, OTC float has little effect and little reliability. IMO. It's not uncommon to see daily volume equal to the total reported OS, let alone float of micro/sub penny stocks. Tight/scarce is not a factor in the wild west. M&Ms have 3 days to crash a over sold naked run and cover that position. It's done all the time.

Another OS thing I hear about, on the OTC, to disregard is when message boards post about a float LOCK, by counting up posters claims of ownership. Stay away from those. IMO Float LOCK works at the big boards, but are Bull on the OTC.