Post by
Seleucus on Jun 30, 2020 1:17pm
OTC Pink Trading of SLGWF
Slang is traded SLGWF OTC Pink in the U.S. It's the only way I can trade it. Using E-Trade or the OTC Markets website, I periodically check the actual trade activity vs. current bid/asks...I can see actual volume and price per trade...I see odd junk all the time. For example, near 1pm eastern today, some bought 1,500 shares at 0.1285 USD, but the o/s bid/ask at the time was 0.14x5000/0.16x5000. So, somehow, someone sneaked in and bought .1285...In addition, at open, somone bought 300 shares at 0.13. I saw 0.13 and went into one of my accounts and tried to buy 10,000 shares at 0.135 bid limit. My order never filled but somehow others were filled. My bid is still o/s for the full day, but then someone just somehow bought for 0.1285...not me..I notice thing like this on SLGWF daily.
Questions:
1) Does anyone else notice this and suspect price being held down? I'd think someone/folks with multiple accounts could trade between themselves on OTC pink.
2) Does anyone have access to the OTC Bulletin Board and can dispute/correct what I'm thinking?