Replies to post #76610 on Viva Entertainment Group Inc (OTTV)

[GunShow_Trader]

Market Makers created a helluva lot of volatility. Inexperienced traders as well. Everyone got scared and dumped.

[maz1978]

Think it was a combo of folks taking profit along with a note that had already been converted but hadn't yet been sold into the float...also there was a lot of shady action on the L2 that helped drive it down...I know many argue about the reality of shorting on the OTC however Interactive Brokers had many shares available to short with...when I say shady I mean stacking the ask to ridiculous levels along with an algorithm designed to constantly paint the bid with small amounts each time the ask was smacked

That's what i observed personally

For the record it's been trading a lot cleaner since then

[streamfan]

IMO, INTV made money by diluting their note-based Viva shares as per their 10-Q, there were many profit-takers too, and all these started panic sellings.

[Ivegotanace2]

Stinky pinky
. IMO

[ChampionOfTheSun]

Nothing, it ran to that price in a a few minutes. If anything the question is why did it spike that high.