There was 1 trade at .70. What is the celebration? This is the grey market. It is a non-monitored market place where you do not even have a bid or an ask. These are blind trades. The big problem with stocks that get slaughtered from Nasdaq to Grey Market (like TSTC) is that the liquidity dries up and ultimately they do not trade at all. In the past 30 days, the highest volume day for TSTC was only 45,700. Most days it trades well under 20k volume (today was 4,100 in total volume). If this was a $10 pps like back in TSTC's long-over 'hay day," well then the volume would make sense. This is a penny stock, not even a .90-.95 cent penny stock either
The biggest red flag with this Chinese stock "company" is that they made no effort to trade this on the Pink Sheets (with a market maker). When TSTC resumed trading on these horrid 'grey sheets,' the biggest volume (since then) was when the stock was dumped at miserably low prices so that shareholders could get out.
So when you say "stock is up 10 cents," it really has no meaning when it is 1 trade on the grey market with piddly volume. Unlike a trade on pink sheets and Nasdaq, the very next tstc trade can be at .60, .50 or .0001. There's no rhyme or reason. It's the bottom of the barrel - GREY SHEETS
Today's total trades:
$0.70 3,000 OTO 14:09:43 $0.70 100 OTO 13:54:52 $0.66 100 OTO 10:35:25 $0.66 200 OTO 09:48:37 $0.66 700 OTO 09:48:37
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