Hi Like2B
It is my understanding with small stocks that trade on the OTC exchange usually bids and asks don't show up unless they are 5000 shares or more. Smaller orders are hidden, and the MM may just ignore them. I once had an order (on a different otc stock) for 15,000 shares GTC which did show on level II. I got 12,000 filled and the remaining 3,000 were there waiting but I couldn't see them. Then it traded right through my price. They completely ignored the left over order.
I had to cancel that order for the remaining shares and make a new order for over 5,000 shares for it to get noticed/filled on another day.
As an experiment try an order of 5,000 or more at .05 or lower and see if it shows up. Maybe give it a few moments.
Does anyone else have the same understanding of how they show orders or do I have it wrong?
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