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
$0.0003 491,900 OTO 09:39:37 $0.0003 4,500,000 OTO 09:39:37 $0.0003 1,000,000 OTO 09:31:42 $0.0003 890,000 OTO 09:31:30
$0.0002 2,929,350 OTO 09:31:17 $0.0002 800,000 OTO 09:31:05 $0.0002 100,000 OTO 09:30:57 $0.0002 500,000 OTO 09:30:47 $0.0002 477,750 OTO 09:30:40 $0.0002 100,000 OTO 09:30:30 $0.0002 10,000 OTO 09:30:30 $0.0002 100,000 OTO 09:30:24 $0.0002 1,000,000 OTO 09:30:21 $0.0002 100,000 OTO 09:30:20 $0.0002 10,000 OTO 09:30:20 $0.0002 9,000,000 OTO 09:30:17 $0.0002 1,000,000 OTO 09:30:17 $0.0002 250,000 OTO 09:30:17 $0.0002 1,000,000 OTO 09:30:16 $0.0002 100,000 OTO 09:30:16 $0.0002 100,000 OTO 09:30:15 $0.0002 10,000 OTO 09:30:14 $0.0002 100,000 OTO 09:30:13 $0.0002 100,000 OTO 09:30:04 $0.0002 1,250,000 OTO 09:30:02 $0.0002 6,250,000 OTO 09:27:01