Replies to post #22696 on NW Tech Capital, Inc. (NWTT)

[pennystockwallstreet]

Hey Maph, how are you? Did you give John your NWTT share count?

[Doctorday]

Precisely! The ability to place such a trade 66% higher than the current ASK level is generally an MM signal. Though I don't typically ascribe to such signal myths, in all my years of trading penny plays this sort of 'mistrade' generally suggests upward momentum in the very near future. The same is true of downward 'mistrades' suggesting a pullback. Not always the case but certainly more often than not.

[chepi]

Exactly. Who would buy 25 dollars worth of a stock, especially since most buys come with a charge of around $8 (5 for zecco, 10 for etrade. average-ish). It was an indicator. The air shares for all the MM's to play with are gone, so the indicators are coming at a higher share price. It told someone something, and our best guess is it is very good news.