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Microcap & Penny Stocks : Corporate Vision (CVIA)
CVIA 0.4800.0%Jun 30 5:00 PM EST

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To: J.R. who wrote (426)11/17/1997 1:02:00 PM
From: Brad   of 6654
 
J.R., OTC-BBs are handled much differently than big board stuff.

50x50 is simply what the MMs are willing to COMMIT to Buy or Sell at the quoted price. If they make the trades, and stock is moving at a balanced rate, they might stay at 50x50 but keep trading all day long at the same Bid/Ask.

If the trading slows up or becomes UNbalanced, they adjust the Bid/Ask to keep things moving. They don't make money unless there are trades going through.

For various reasons, OTC-BB trading is not as automated as big stuff and time & sales charts are not as current. So you might see some trades come through a bit late. Sometimes you'll see buys or sells "bunched" together. I don't know if this is intentional, but it happens often. So be aware of it.

Essentially, trading OTC-BBs is a "different world" from big board stuff. And it takes time to learn. Be patient. You'll see that sometimes size is a critical factor and other times it makes little difference.

With close observation, you will probably start to get a "feel" for when the size is significant.

Best wishes,
Brad
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