Posted On: 08/26/2015 10:56:58 AM
Post# of 1674
Early trading summary - August 26:
Opened .0005 x .0006.
Very thin ask at .0006 - 3M + 10Ks from possible note MMs.
3M+ bought out on ask.
Convertible debt MMs followed usual pattern from last 4 days of only selling into 50% of bid at .0005.
Bid at .0005 topped up to 9.2M.
I don't think anyone will get .0004 on the bid from now on.
Should see .0007 today or tomorrow - still no flippers for reasons articulated earlier.
Opened .0005 x .0006.
Very thin ask at .0006 - 3M + 10Ks from possible note MMs.
3M+ bought out on ask.
Convertible debt MMs followed usual pattern from last 4 days of only selling into 50% of bid at .0005.
Bid at .0005 topped up to 9.2M.
I don't think anyone will get .0004 on the bid from now on.
Should see .0007 today or tomorrow - still no flippers for reasons articulated earlier.
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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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