Replies to post #8518 on Gawk Inc. (GAWK)

[boston127]

I do not believe in MM signals.

But, that trade was certainly an outlier. My nephew worked as a broker and said that MM signals, as discussed by OTC/Pink stock boards and chat rooms, are urban legends. He was very friendly with the market makers in the back rooms.

- It is possible for market makers to steer sales and buys to another specific MM.
- Sometimes, someone stupid puts in an online Sell at Market, with no limit, and they get caught.
- Market makers will almost never show their hand to let others know what order they are working.
- Using smaller bids and some patience will usually mean an MM can buy shares a bit cheaper.
- MMs will put up 100-200 shares to see if the fish are biting.
- They will then remember who sold or bought.
- Those working on the floor have hand signals, but that does not apply to OTC and Pink stocks.

But, the 100, 200, 300 share MM signalling, famous on the OTC/Pink boards, is urban legend.

[boston127]

You are correct. Nothing since April.

The last public statement is this:

Certification of termination of registration of a class of security under Section 12(g) or notice of suspension of duty to file reports under Section 13 and 15(d) of the Act Section 12 (g).

I think this relieves GAWK from filing certain reports. The questions is, are they still registered and filing any reports?

[boston127]

Is the company still in the Grey?

I recall them going into the non-filing Grey market, as they said they wanted to save costs by not filing.

So, the question is: Is the increased volume because they have good numbers and they are going back onto the OTC, or is this year-end tax loss selling?

Probably the latter.

I emailed and called the company and got a computerized response. I will follow through. But, their website needs updating as they list the wrong numbers for sales and sales support. Not a good sign.

I'm going to accumulate a bit, at .02 and below, to see if I can get a triple and break even. Would love to see this thing quickly spring back to .50. That would be a very good New Year.

[boston127]

Quiet this AM. Wonder if this

will resurrect itself in the next 30 days. Usually, January is a great month for all stocks, especially OTC and NAZ smallcap.

The Grey market allows them to not make filings. I will hold even my .02 Buys until I see some traction.