Agoracom: Small Cap Investment - POET Technologies Inc.

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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MtnView

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Market Makers or Thieves?

posted on Jan 06, 2021 11:12AM

Now that the early euphoria has subsided, and the pop to this morning's news duly recorded, please take a look at Level 2 action. Once again, VALX and OTCX dominate both the "bid" and "ask" sides and generally show large blocks - 20,000-40,000 shares which change by the second! Watch how they (their computers) drop the "ask" price 1/10th or even down to 1/100th of a penny every 1 or 2 seconds. At the same time they will similarly step the "bid" price up in similar increments until they get takers on one side or the other, then things will stay stagnant for a while. Massive market manipulation, IMO, with most pressure applied to keep slamming down the ask price by the shorts.

For a little background on MM activity, please check out this article which is a little dated (2016) and doesn't even mention VALX and OTCX (which as I noted in an earlier post) are NOT real "market makers" but clearly market manipulators! We are just ants under their feet!