Not a concise one that multiple parties agree upon… There are just a bunch of theories little bit of name calling and speculation....
I am honestly neutral on the discussion. 1. because in my eyes it does look like there has been activity after hours. 2. I really don't have enough knowledge to accept or refute…
The movement in the ticker is due to stragglers. It so happened that the last one to post was a buy for .203 on 50k shares. OTC's can't trade after hours but it appears to because of the straggling posts.
I have yet to see this happen much after 15 minutes into normal after hours trading. It is usually done picking up the stragglers by 4:15.
Will it open at .203 - I guess it could since that was the last recorded sale of the day, but no open trade has taken place.