Replies to post #4355 on Energy Finders Inc (EGYF)

[Traderfan]

Hey Trader , you noticed the 6 digit trade at the open on Friday CORRECT ? And you being an experienced trader know good and dam well that when a stock is sitting at .0084 and then a dump of tiny shares at a MUCH LOWER PRICE OF 6 digits is TOTAL MANIPULATION AT A LEVEL 3 ( MMs ) so the HFT ALGOS kick in an nose dive the SP to scoop up STOP LOSS ORDERS to grab shares before any kind of run

In regards to these 6 digit trades. I realize this is often MM related but the notion that is out there that it can't be retail getting filled with such a trade price is wrong since I occassionally had fills on 6 digit trades in the past, not talking about EGYF but in general on otc stocks.

I slapped the ask for 86,000 at .0068 and only got around 22,000 and the .0068s when directly to the bid ( FAKE WALL ) this through the ALGOS OFF by throwing a wrench in there CROOKED GEARS

Look, we all know there is manipulation from MM's on the otc. But people often overexaggerate that stuff if a stock doesn't go their way. I have traded EGYF quite extensively for the last 2 years and my point was that I don't remember not getting shares on the ask or not getting fills on the bid on sell offs and so on and so forth, EGYF was quite ok in ths regard. There are of course special situations and I have no idea why they didn't give you all your shares on the ask hit but there could be many reasons as you know.

Fact is that at EGYF there has been a lot of selling lately at very cheap prices, at least 2-3 million shares with a lot of big blocks and these shares were available and not fake walls so anybody could already have plenty if he wanted to. I personally have only a few just in case somebody is really coming in to run it which is always possible in such a low floater. Other than that I see no reason to own more at the current time.