Posted On: 01/29/2016 4:05:50 PM
Post# of 1221
Trading Summary - January 29
Convertible debt sellers stayed away all day for the first time all week.
Smart investors bought .0008 on the ask whilst they were there including 2 x 2M slaps.
.0008s were bought out (6M+) - there was less than 8M on the ask at .0009 but people failed to take advantage of the opportunity.
In the closing minutes, one person took 2.8M off the ask at .0009 and sold for a commission loss at .0008. I expect the ask to be around 5M at most at .0009 on Monday.
Convertible debt sellers stayed away all day for the first time all week.
Smart investors bought .0008 on the ask whilst they were there including 2 x 2M slaps.
.0008s were bought out (6M+) - there was less than 8M on the ask at .0009 but people failed to take advantage of the opportunity.
In the closing minutes, one person took 2.8M off the ask at .0009 and sold for a commission loss at .0008. I expect the ask to be around 5M at most at .0009 on Monday.
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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.
