The otc is at best a market to be careful with and at it's worst a market to be avoided. As I mentioned in an earlier post the marketmakers are completely in control when there is no evident direction for stock price or limited activity. They are allowed to sell shares they don't own (short sell)and they don't have to buy back until they are good and ready. They choose when and to whom they will sell. Of course if a perfect bid/ask exists then they will fill but similar buy orders do not have to be filled based on the time an order is received. If they get caught short they will sometimes gamble on continuing to short in hopes of killing the rally. Many a company has failed more because they chose this market than other more profound reasons for failure. Tkt has been struggling with the otc curse for awhile now. Perpetual, never ending, buying pressure is the only way (in my experience) to break the hold. When the story becomes too compelling the mm's let go. Of course by then a company can generally escape the board on its' own.
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