Replies to post #109 on TransAKT Ltd. (TAKD)

[marketmaker25]

As is often the case I'm fairly sure that Both Mr. Wu and Mr. Wang have investors they would like to see placed at a fairly low level to both build confidence and provide them with ammunition if they ask them to come back into the market for support at higher levels. It is the company market maker Nite that has been controlling the action. Certainly other houses will look for the opportunity to slip in and knock the price back to pick up house shares or to get some into the hands of their clients. The OTC is a made market, some call it names worse than that. It isn't a transparent market and that was done to keep it from becoming too much of a roller coaster but the opposite is also true. That is that normal market pressures can be managed fairly easily by the mm's because SEC law demands that buying and selling pressure balance. That is why everything appears in lots of 5000 shares at this price level. But the reality is that the mm's can bypass trades and do a variety of other things if you don't bid/ask in lots of 5000. The all or none bids and asks get dealt with at the pleasure of the mm's when it makes the most sense for them to execute. Anyone who thinks that the tiny trade at day's end to have the stock show red today wasn't contrived doesn't understand the OTC. The market will move this stock upward under 2 circumstances. One is that a promotor or IR type wears their fingers out on the phones to get buyers in (pump and dump). Normally the company has to give the promoter shares to have that happen and it is often less than successful because the stock invariably falls back because the buying isn't sustainable, because the buyers enter to make money on the quick flip. Mr. Nielsen alluded to that in his email response to our moderator. The 2nd way is for an IR firm to simply build visibility for the company and have the numbers speak for themselves. When the mm's see sustainable pressure they will ease the brakes, sell into the buying and wait for the next lull or period of price softness to get restocked as it were.