Replies to post #94298 on Triple 000 and Sub-penny Chart Plays
MARKET MAKER SIGNALS
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
Time & Sales
Price Size Mkt Time
$0.0021 100 OTO 08/11
$0.0022 100 OTO 08/11
$0.0021 32,933 OTO 08/10
$0.0022 200 OTO 08/10
$0.0022 10,000 OTO 08/10
$0.0028 10,000 OTO 08/10
$0.0028 10,200 OTO 08/10
$0.003 10,000 OTO 08/10
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