Posted On: 02/01/2016 11:59:50 AM
Post# of 114
Early trading - February 1.
First day of trading for anyone who got post 1:500 r/s shares.
Opened at .0501 - just above equivalent of .0001.
One buy took it to .0999.
After a few undercut ask sells at .0808 and .0899, 4 sells for around 40K total into the bid at .05 (before news).
With ticker change due around February 18 and other developments, I think most with r/s shares might wait for developments and thin upward movement on a large spread before bid whacking for a loss.
First day of trading for anyone who got post 1:500 r/s shares.
Opened at .0501 - just above equivalent of .0001.
One buy took it to .0999.
After a few undercut ask sells at .0808 and .0899, 4 sells for around 40K total into the bid at .05 (before news).
With ticker change due around February 18 and other developments, I think most with r/s shares might wait for developments and thin upward movement on a large spread before bid whacking for a loss.
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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.
