Posted On: 08/03/2015 11:04:51 AM
Post# of 919
SUTI Trading Update:
At the open, the few remaining .0004s were bought on the ask - uptick to .0005 and a couple of 2M buys.
Bid of 125M+ at .0003.
Flippers stacked the ask at .0005 to 100M+ (from 60M at open) and this caused a few to undercut the ask at .0004.
NITE then put up a "fake" wall of 60M+ at .0004 but this was cancelled after a few whale hits totaling 14M.
Currently 13M bid at .0004 - 110M ask at .0005.
It is not unusual to see buys of 5M>15M on SUTI so a 100M wall can disappear pretty quickly, particular when some cancel when they think they can get a higher price.
At the open, the few remaining .0004s were bought on the ask - uptick to .0005 and a couple of 2M buys.
Bid of 125M+ at .0003.
Flippers stacked the ask at .0005 to 100M+ (from 60M at open) and this caused a few to undercut the ask at .0004.
NITE then put up a "fake" wall of 60M+ at .0004 but this was cancelled after a few whale hits totaling 14M.
Currently 13M bid at .0004 - 110M ask at .0005.
It is not unusual to see buys of 5M>15M on SUTI so a 100M wall can disappear pretty quickly, particular when some cancel when they think they can get a higher price.
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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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