Posted On: 07/30/2015 11:13:22 AM
Post# of 5298
EVDR Early Trading.
The upward move yesterday was slowed by one or two selfish people, who had probably bought at .0004 during the quiet period, flipping by undercutting the ask at .0007 and then bid whacking the .0006 and .0005. Today, they also put some on the ask at .0006.
Competing whale buys of 3M+ bought out the .0006 and put 11M on the bid at .0006.
Only 3M of the bid was whacked - leaving 8M - so hopefully the problematical flipper(s) is done now.
I expect EVDR to settle down into it's usual pattern of just a few M available at each .0001 level up to .0010, ideally with a 2 to 3 tick spread as this deters whacking by amateur flippers, so that any significant updates cause a breakout above .0010 and run towards .0020 (3 times so far).
EVDR is not a stock for flippers - patient investors who wait for financials to show revenue from selling on Amazon, spurred on by social media inputs by personalities who visited the Critic Clothing stand at the ESPN ESPYS Awards, will be rewarded, in my opinion.
The upward move yesterday was slowed by one or two selfish people, who had probably bought at .0004 during the quiet period, flipping by undercutting the ask at .0007 and then bid whacking the .0006 and .0005. Today, they also put some on the ask at .0006.
Competing whale buys of 3M+ bought out the .0006 and put 11M on the bid at .0006.
Only 3M of the bid was whacked - leaving 8M - so hopefully the problematical flipper(s) is done now.
I expect EVDR to settle down into it's usual pattern of just a few M available at each .0001 level up to .0010, ideally with a 2 to 3 tick spread as this deters whacking by amateur flippers, so that any significant updates cause a breakout above .0010 and run towards .0020 (3 times so far).
EVDR is not a stock for flippers - patient investors who wait for financials to show revenue from selling on Amazon, spurred on by social media inputs by personalities who visited the Critic Clothing stand at the ESPN ESPYS Awards, will be rewarded, in my opinion.
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
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