This is what $AZFL shareholders must watch for:
What tends to happen in the OTC and on the BB's, is that MM's purposely create a price gap, so that they can backfill it later.
In the case of AZFL, they probably intended to fill the gap earlier, yet with the ever increasing and surging volume we saw here, we ended up with a breakaway gap scenario, and so the MM's had to slightly adjust their playbook, as evidenced by VNDM covering/buying on the bid earlier this week.
It's fundamental and it must be understood that the breakaway gap scenario can only continue provided that strong buying volume remains.
ASCM and the other MM's know this, and they will take their cue from retail. If retail continues smacking the ask, ASCM will be forced to show up on the bid and realign his short book, similarly to what VNDM has done earlier.
On the flipside if/when the buying pressure subsides, ASCM/VNDM can reasonably be suspected to become aggressive, and they will undeniably push to fill the lower gap. And with this scenario, MM's will play into psychology and self-fulfilled prophecies to accomplish their objective.
And that is why in the OTC, one must never take their eyes off of L2 even for a second.
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