Posted On: 05/04/2016 12:37:56 PM
Post# of 695
Large pump crew of 10 just turned up on iHub - including many faces who were there during the last run to the high .0030s and then completely disappeared when it was driven down on low volume to enable reloading in the .0010>.0025 range.
Not saying there might not be news coming and it could run up at some point but be aware that anyone who buys even 500K above .0035 - let alone above .0040 - may find it could be rapidly whacked down to the low .0030s / mid-0020s in minutes if just 2 or 3 of them whack the bid sequentially.
Not looking to get back in myself unless I see .001s as I can buy 8 times as much of my current main trades for the same cash.
Not saying there might not be news coming and it could run up at some point but be aware that anyone who buys even 500K above .0035 - let alone above .0040 - may find it could be rapidly whacked down to the low .0030s / mid-0020s in minutes if just 2 or 3 of them whack the bid sequentially.
Not looking to get back in myself unless I see .001s as I can buy 8 times as much of my current main trades for the same cash.
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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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