Posted On: 08/25/2015 3:37:40 PM
Post# of 1674
The trading scenario I described yesterday played out exactly today.
40M bid at .0004 shortly after open.
Diluters carefully fed 20M into bid at .0004 and 19M at .000396 without detracting from the bid.
Bid built up again.
Very few flippers on ask at .0005 - 18M all morning.
18M at .0005 bought out in 1 minute, including 7M slap.
Very few flippers at .0006.
REDG onwards and upwards as those who want more come off the bid and hit the ask over the coming days.
40M bid at .0004 shortly after open.
Diluters carefully fed 20M into bid at .0004 and 19M at .000396 without detracting from the bid.
Bid built up again.
Very few flippers on ask at .0005 - 18M all morning.
18M at .0005 bought out in 1 minute, including 7M slap.
Very few flippers at .0006.
REDG onwards and upwards as those who want more come off the bid and hit the ask over the coming days.
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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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