Posted On: 04/18/2016 1:51:18 PM
Post# of 1674
Just a limited number of flippers - as opposed to longs who averaged down - who were lucky enough to get .0001s - or the limited number of .0002 - to work through then it should uptick relatively easily as word spreads and confidence grows that both POW Folio and the Markiplier mini-series are going to launch successfully.
The .0002 bid went up from 48M - when it down ticked with the nonsense 911 trades - to 175M.
Once people realize that they probably aren't going to get .0002s, a significant element of that bid will eventually move up to .0003 and when that doesn't get filled either, people will hit the ask at .0004 and above (not necessarily today).
The .0002 bid went up from 48M - when it down ticked with the nonsense 911 trades - to 175M.
Once people realize that they probably aren't going to get .0002s, a significant element of that bid will eventually move up to .0003 and when that doesn't get filled either, people will hit the ask at .0004 and above (not necessarily today).
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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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