Posted On: 09/03/2015 1:14:24 PM
Post# of 11107
Re: SpearOfDestiny #9499
Not necessarily - remember when people were quite happy to buy 100K+ chunks at .018>.02 just a few weeks back.
If the current action is anything to go by, the MMs trying to hold this back don't like getting hit for 50K+ at a time and just move up without filling.
Go back further, and it was extremely difficult to get even 25K at a time between .025 and .065.
It will be interesting and exciting to see how this plays out over the coming days, weeks and months when the pps starts to move up despite an increasing spread - which is good because it denies the odd few casual flippers an easy sell - and longs looking for .2+ (for obvious reasons) hold an ever increasing % of the small 30M float.
DSUS - onwards and upwards as the PRs formally confirming what's been ongoing for 4+ months start to roll out.
If the current action is anything to go by, the MMs trying to hold this back don't like getting hit for 50K+ at a time and just move up without filling.
Go back further, and it was extremely difficult to get even 25K at a time between .025 and .065.
It will be interesting and exciting to see how this plays out over the coming days, weeks and months when the pps starts to move up despite an increasing spread - which is good because it denies the odd few casual flippers an easy sell - and longs looking for .2+ (for obvious reasons) hold an ever increasing % of the small 30M float.
DSUS - onwards and upwards as the PRs formally confirming what's been ongoing for 4+ months start to roll out.
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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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