Replies to post #86033 on NanoTech Entertainment Inc (NTEK)

[goinsouth]

Here is a good article on MM manipulation...

http://www.advfn.com/Help/a-background-to-the-market-and-market-ma-71.html

[KennyPro]

YOU sir are RIGHT On and I think it is within 3 minutes of the market close...it is a tool MM's use to hide the trend during the day. Trades going a direction they don't like can be hidden till after the market closes and then they put the trades on the books...it really should be illegal IMO...they have time to register ALL trades AS THEY HAPPEN. They are done by computer electronically. It is all part of the manipulation game to rig the system to their favor. And of course screw the average investor. NTEK will overcome this soon with uplisting and Revenues...the MM's will continue to play even then but we will have our fortunes in spite of their games!!

[TooFrank]

Effective 11/4/2013(a) When and How Transactions are Reported
(1) OTC Reporting Facility Participants shall, as soon as practicable but no later than 10 seconds after execution, transmit to the OTC Reporting Facility, or if the OTC Reporting Facility is unavailable due to system or transmission failure, by telephone to the Operations Department, last sale reports of transactions in OTC Equity Securities executed during normal market hours. Transactions not reported within 10 seconds after execution shall be designated as late.

This version of the rule (or interpretive material) does not become effective until Nov 4 2013.

http://finra.complinet.com/en/display/display_main.html?rbid=2403&record_id=15168

This will put the brakes on MM's hiding trades and limit their ability to manipulate the PPS. IMNSHO