Replies to post #303947 on Plastic2Oil Inc (PTOI)

[P2O I'm from MO]

OTCX is not 'signed off'....

Maybe a little knowledge will help understanding:


What is OTCX?

OTCX is the Market Participant ID (MPID) for OTC Link ECN.

Can individual investors directly access the OTC Link ECN?

No. The ECN is only available to registered broker-dealers that
subscribe to OTC Link ECN, either through OTC Dealer or various
connectivity providers.

Why is OTCX now present in Real-Time Level 2 Quote Montages?

Broker-dealer orders that aren’t matched on OTC Link ECN are
routed or displayed as quotes on OTC Link ATS using the MPID OTCX.

Does OTC Link ECN have a position in the stocks traded under the
OTCX MPID?

No. OTCX is used to display broker-dealer quotes as described
above. OTC Link ECN has no proprietary trading, is not a market
maker and does not hold a position in the securities represented
using the MPID OTCX.



As for the "U"....


OTCX showing U indicates an Unpriced quote. Unpriced quotes are
an indication of interest (IOI) in a security used when a trader
does not wish to show a price or size. Unpriced, name-only quotes
are also used as the other side of a one-sided, priced quote.
Unpriced bids never have a quote size associated with them:

https://www.otcmarkets.com/files/market-data-display-requirements.pdf

[CHUNKY44]

I know this can be confusing, but a MM on the ask and not on the bid, means they already have shares to sell, they're not buying.

note ETRF & decoy OTCX remain signed off of PTOI's *bid* (compliance imo)
as in only sells allowed .. not buys

[fourkids_9pets]

Month of May 2019 interesting re: PTOI and MMs/ECNs *reporting* to Finra

7 total for the month (volume total for May 2019 ~ 858,637) .. telling and revealing *split* of 45%~

 
 PTOI ~ NITE ~ 387,319 ~ 1 ~ 45.11% 
  
 PTOI ~ CDEL ~ 203,346 ~ 2 ~ 23.68%  
 PTOI ~ ETRF ~ 127,988 ~ 3 ~ 14.91% 
 PTOI ~ OTCX ~  64,112 ~ 4 ~  7.47% 
  
 PTOI ~ CSTI ~  50,655 ~ 5 ~  5.90% 
  
 PTOI ~ GTSM ~  24,351 ~ 6 ~  2.84%  
  
 PTOI ~ ARCA ~     866 ~ 7 ~  0.10%

https://otce.finra.org/otce/marketStatistics/monthlyShareVolume

beyond curious as to what is *reported* for the month of June 2019 ..


arrival of GTSM (taking over for *CANT*) effective 5.17.19

GTSM 5.17.19

departure of *CANT* on PTOI's *bid* effective 5.22.19

CANT 5.22.19

departure of ETRF on PTOI's *bid* effective 5.28.19

interesting to watch ETRF on bid today .. every time ETRF relo/d
up on PTOI's *bid* .. decoy OTCX jumped them ..

PTOI 5.28.19

departure of OTCX on PTOI's *bid* effective 5.31.19

for a good part of today .. PTOI was in the top 5 of OTC MKTs *Daily Advancers*

DAILY ADVANCERS

PTOI
+ 35.42 %

oh the ironies ..

PTOI 5.31.19



reminder OTC Markets is a 4 profit site .. with all that that implies
and across every level

note : PTOI .. MM Monthly volume in 2019 .. all that *effort* to up *volume* avgs .. ;) .. maintenance req'd
but note *loss* of ETRF & DECOY OTCX on *bid* last few weeks .. hmmm

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=149333593

also on the bid side .. 3 of *size* via CDEL over the last month or two

 
 300000 
 500000 
 600000

4kids

[fourkids_9pets]

and an equally interesting point

if one was selling 30000 PTOI shares .. would one take a given sell @ 024 (720.00)
or go for the nickel and dime efforts of via an UC ask (756.00) ..

i was expecting the 30000 to be *washed* today .. maybe it comes next week

so in the last hour b4 COM today .. ETRF UC the *ask* with 30000 shares @ 0252

Bid 0.024
Bid Size 438968

Ask 0.0252
Ask Size 30000

always fascinating .. always revealing .. :)

TGIF

4kids

[fourkids_9pets]

PTOI .. 6.14.19

nothing marked
note the first 2 *trades* .. 6/24 .. who *sells* like that .. no one
imo signals that didn't translate .. maybe next week .. we'll see
ETRF UC PTOI's *ask* EOD
longs' buys @ ask = 3710
3710/4594 = 80.75%

trades .. reminder trades below 100 in size only register re: volume

 
 15:59:51		0.0252	1000	OTO .. @ ETRF's UC ask adjusts  
 10:32:00		0.024	397	OTO .. @ bid .. NC  
 10:22:27		0.0268	2710	OTO .. @ decoy's UC ask NC  
 10:14:18		0.024	457	OTO .. targeted/adjusts .. bypasses long's bid @ 0241  
 09:30:06		0.02592	24	OTO .. hidden  
 09:30:01		0.022	6	OTO .. @ NN's bid NC 93000 

Detailed Quote: PTOI
PLASTIC2OIL INC
0.0252Down -0.0016 (-5.97 %)AS OF 3:59:51PM ET 06/14/2019

 
 Last Trade	0.0252 
 Trade Time	3:59:51pm ET 
  
 Change	-0.0016 
 % Change	-5.97% 
  
 Bid	0.024 
 Bid Size	438968 
  
 Ask	0.0252 
 Ask Size	29000 
  
 Open	        0.024 
 Day High	0.0268 
 Day Low	0.024 
 Previous Close 
 06/13/2019	0.0268 
 52-Week High 
 01/29/2019	0.08 
 52-Week Low 
 07/11/2018	0.008 
  
 Price Performance (Last 52 Weeks) 
 06/13/2019	+43.32% 
  
 Volume	4,594 
 Volume (10 day Average)	31,563 
 Volume (90 day Average)	77,406 
  
 Market Capitalization	$3.34M 
 Shares Outstanding	124,756,000

B/A .. volume 4594

 
 CDEL	0.024	438,968	10:14 
 NITE	0.022	93,000	09:30 
 GTSM	0.0161	10,000	05/31 
 CSTI	0.0062	100,000	09:30 
 MAXM	0.0001	10,000	07:35 
 OTCX	U	0	08:15 
 ETRF	U	0	14:29 
  
 ETRF	0.0252	29,000	15:59 
 GTSM	0.0269	10,000	06/10 
 NITE	0.029	131,835	09:30 
 CDEL	0.03	10,000	10:14 
 OTCX	0.0343	21,000	15:16 
 CSTI	0.146	49,000	09:30 
 MAXM	200.00	1	07:35

will update accordingly .. a good weekend to all P2O investors

4kids