Replies to post #9714 on Viva Entertainment Group Inc (OTTV)

[CHIEF-RISES-ABOVE]

There is no after hours in otc. Lol this isn't the Big Boards. Lol

[EnergySaver]

Ganxi, Those after hour trades are called T-trades. They are trades that happened during market hours... since these were .0004s , those shares were accumulated/traded in the morning when price was .0004 x .0005. Obviously it was the Market Makers (MMs) that loaded those 4s before releasing the kraken... now these MMs are 75% richer... i doubt very much any retail investors got any .0004s yesterday.

https://incrediblepennystocks.wordpress.com/2013/06/25/incredible-penny-stocks-what-is-a-form-t-trade/

After months of due diligence, there are a few poorly publicized uses for a T Trade. The most important factor here is that the only requirement of market makers by FINRA is that they must report all trades in a day. They are not required to do so when the actual trade occurs.

To avoid creating “an unbalanced market”, market makers often do not report certain trades during the day to the public and then use a T Trade not to “scare” investors into thinking a market for that stock is going in one direction or the other at the spurring of one large investor.

If a market maker wants to accumulate a large amount of a stock in one trading day, that market maker may actually not report any of the trades that occurred until the trading day has ended so as not to alert the market to the collection. This practice is completely legal under the FINRA rules of the OTC Markets so long as the trade is reported at the end of the day.

To execute a Market on Close” order, a market maker may have an order to purchase the stock at a certain price at the end of the trading day. This is the most unlikely scenario because it needs to be assured that someone selling the stock and someone buying that stock are agreeing upon a price. Simply put, this is more likely with insider buying and selling.

The T Trade that the public sees is nothing more than one or all of the above scenarios. The T Trade reported at the end of the day can be from one market maker or many involved market makers. It can be a single purchase price but is usually an average of all of the previously unreported purchases from that business day.

Penny stocks are an exciting and lucrative business. As most everyone will tell you, it is not for the weak of heart. There is definite money to be made in the OTC Markets and more penny stock millionaires are made every day. But the best way to win the game is to know the rules!

[Musclecars22]

OH BOY AGAIN?? LOL

The t trade is already reflected in the pps at the time of trade, but is hidden until after hours to keep the market from panicking... lookup OTC After hours trading cartoon on a search engine... it will make you lol