Posted On: 02/19/2016 11:52:23 AM
Post# of 1846
Early trading - my take.
People have been put off hitting the ask by the moron that put 800K on the ask at .0080 before the close yesterday and left it there.
A well-known iHub basher turned up today who is well-known for talking down stocks to load and flip - it may be him who has put the wall up at .0080.
Very few people have been able to pick up even 50K on the bid in the mid-.0060s: there was 1 x 100K pickup at .0062 and 1 x 289K pickup at .0067 early on.
A few people who didn't take a profit in the .0090s from their .0050s yesterday may be undercutting the .0080 ask with small amounts.
There have been a few sacrificial sells into the bid to scare weak hands into selling - note the figure 10200 turns up repeatedly - the same figure that was holding it back when I bought at .0057 yesterday - my 100K buy was broken up into multiples of 10200, 20400 and 40800.
At present, this can be manipulated either way by a few people.
The main pumpers are still on iHub and tweeting.
Watch for a few slaps on the ask to get it moving or for opportunities to add lower.
People have been put off hitting the ask by the moron that put 800K on the ask at .0080 before the close yesterday and left it there.
A well-known iHub basher turned up today who is well-known for talking down stocks to load and flip - it may be him who has put the wall up at .0080.
Very few people have been able to pick up even 50K on the bid in the mid-.0060s: there was 1 x 100K pickup at .0062 and 1 x 289K pickup at .0067 early on.
A few people who didn't take a profit in the .0090s from their .0050s yesterday may be undercutting the .0080 ask with small amounts.
There have been a few sacrificial sells into the bid to scare weak hands into selling - note the figure 10200 turns up repeatedly - the same figure that was holding it back when I bought at .0057 yesterday - my 100K buy was broken up into multiples of 10200, 20400 and 40800.
At present, this can be manipulated either way by a few people.
The main pumpers are still on iHub and tweeting.
Watch for a few slaps on the ask to get it moving or for opportunities to add lower.
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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.
