I will not say that it will happen but I will say that I have seen it happen and the place I saw it happen was right here with our little old stock. I saw someone come along and buy a few shares at ask and the next thing the stock was at 90 cents. You don't suppose that could be someone hoping for a flash in the pan again do you ??
There are entire market makers that disappeared off the Ask.
UBSS and DOMS that both earlier sold me shares (weeks or months ago) are now gone. They won't sell any TelVue to investors.
ETMM and VFIN which earlier offered shares at 20 cents (like last week) are now parked off the lines at over $100 a share.
They know the jig is up.
A pity someone that has more than 2 dimes to rub together doesn't buy the paltry 14,000 shares that NITE and HDSN say they have (but don't) at 20 cents. Then theoretically we'd be at 25 cents (STXG).
HDSN by the way was bought out. I cannot remember the name of the firm but they are under new ownership and new management now. I wonder why.
When whoever runs the OTC desk at NITE is in jail who will take over that firm I wonder?
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