Seems there was a 6 month free ride deal for the level II quotes on OTCBB and pink sheets. Now the extortion price is $6000 for any company that wants level II quotes on their stock to be available on the OTC boards. OUCH!
All the penny stocks I own or follow, no longer have the level II listed on OTCBB, in fact I could not find a single one listed today with level II. So I am back in the dark, as my broker's level II on pennies is a joke (Fidelity), as the major MMs do not show up in their data base on level II, like NITE.
Volume comes and goes here on TTEG. Sometimes it goes in the wrong direction for no obvious reason, like going way down when the market rallies, and then rallies when the market crashes (which we usually attribute to a market maker short sale shakedown). 50% spreads between bid and ask in penny land are common at times. The spreads tighten when big volume shows up.
I spoke with TTEG management today for nearly 2 hours. I will post what I finally figured out from the chats later tonight. Long story short, I am staying long with this bunch!!!!
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