Well I thought BTEBY is suppose to trade with BLT so that couldn't happen. I am assuming since BTEBY is an ADR that the automatic MM bid/ask would have millions of shares set to it so it wouldn't be able to trade erratically. Someone could sell hundreds of thousands of shares at say 5.50 but it wouldn't move the price a cent. I thought that was the whole point of a sponsored ADR. I think the recent fluctuations in the BTEBY price is because of individual investors putting in bid /asks above or below the MM's. I have seen the MM bid stay at 5.30-5.40 for quite a few days and ask at 5.50-5.70 with other bid/asks above or below it. Then again I could be totally wrong with all of this since I don't know much about ADR's, but that would seem like the most logical way for it to trade. Please someone correct me if I am assuming wrong. So far not enough volume to see if this is true or not but price hasn't gone below or above the automatic MM bid and ask
