Penny traders believe that Market Makers (MM) will "signal" moves in advance buy using small amounts of buys or sells as "signals".
The "signals" are such a small amount of shares (worth no more than 5 or 10 dollars) that no trader would have paid a commission that costs more than the amount of shares bought.
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 gap can be either up or down, depending on the direction of the 500 signal. 911 - Pending News
$0.0002 2,575,000 OTO 12:51:42 $0.0002 1,500,000 OTO 12:47:10 $0.0002 400,000 OTO 12:47:10 $0.0002 545,000 OTO 12:38:09 $0.0002 10,000 OTO 12:04:37 $0.0002 970,000 OTO 12:04:35 $0.0002 150,000 OTO 12:03:58 $0.0002 68 OTO 12:02:31 $0.0002 242,900 OTO 12:02:31 $0.0002 88,455 OTO 12:02:17 $0.0002 1,000,000 OTO 12:02:08 $0.0002 1,168,577 OTO 12:01:42 $0.0002 10,000 OTO 12:01:26 $0.0002 1,000,000 OTO 12:01:24 $0.0002 1,000,000 OTO 12:00:34 $0.0002 1,000,000 OTO 11:59:50 $0.0002 989,525 OTO 11:59:47 $0.0002 1,319,367 OTO 11:58:07 $0.0002 1,000,000 OTO 11:56:22 $0.0002 1,000,000 OTO 11:56:17 $0.0002 300,400 OTO 11:53:39 $0.0002 1,699,600 OTO 11:53:39 $0.0002 1,000,000 OTO 11:51:48 $0.0002 10,000 OTO 11:51:47 $0.0002 930,000 OTO 11:51:47 $0.0002 2,000,000 OTO 11:50:55 $0.0002 265,000 OTO 11:50:54 $0.0002 500,000 OTO 11:50:46 $0.0002 10,000 OTO 11:50:43 $0.0002 2,000,000 OTO 11:50:34