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Dragon Lady

11/05/14 2:52 PM

#11842 RE: andyshow #11841

"And it's strange to me how the majority of the time there is 10,000 on the bid and 10,000 on the ask day in and day out. "

What I find even more interesting than that, is go to the OTC site level II which shows all the actual closed/posted trades with 15 minute delay.

You'll see like typical 10,000 shares maybe 8K, 30K, maybe a 90K block will pop in, then suddenly it'll be dropped on like a 100 share trade posting. Sometimes some odd-ball tiny number even like 368 shares or 139 shares or something posted, usually on the lower bid. Today there's one showing for 4999 shares. Not 5000, but someone bought or sold 4999 shares? Really? One more share would cost 1.8 cents to make it an even 5K but they didn't have the money in the account or something?

Go look now at today. Normal size trades like 10K, 5K (which would be about 10K X .018 = $180 bucks worth, still a tiny trade, but seems reasonable probably for a retail OTC buy/sell amount, it's within realistic range)- but then, suddenly, all in a row:
400 shares, then 100, then 400, then 400, then 800?? Makes no sense IMO. I mean 100 shares at .018 = $1.80 cents worth? Who would do a trade for a $buck and 80 cents and why?

Watch the end of day each day, that's when it really gets odd too IMO. Might end up after 30 or 45 minutes w/o a single trade going into the end of day, then end with a single, tiny trade either to push it up or push it down on a large spread. Same on open. And then the flat-lining, the 30 to 45 minutes to sometimes 1 hour or more gaps where not a single trade gets posted- meaning to me, they're really not "trying hard" to match buyers and sellers on a decent spread and get orders to fill sometimes perhaps, which would make volume much lower maybe??

http://www.otcbb.com/asp/Info_Center.asp

Put BHRT in the quote box. Then use the "Depth/LII" pull down tab- all the trades that posted are there, 15 minutes delayed.

That OTC quote box shows a red background on certain trades, then green on certain trades and then white on some. I'm trying to find out what that means? Going to search or email their help tab. Does red background mean short or below bid (or on a down-tick?) and green means at the ask or "up-tick" and then what would the white background mean? I haven't figured it out yet?

Gsdubb

11/05/14 5:11 PM

#11843 RE: andyshow #11841

There was a similar article posted regarding ACTC saying the market cap is overvalued.