Posted On: 05/17/2016 1:42:30 PM
Post# of 1674

Trading Update - May 17.
7M in slaps on the ask at .0004 so far.
2 x undercut ask MMs with only 2 x 500K from undercut ask low volume flippers bought out.
VFIN moved down to .0004 - appears to be happy to get his relatively low daily quota from sells on the ask.
Little chance of selling into the .0003s today in my view - if he wanted to dump 80M he could have done it right now.
7M in slaps on the ask at .0004 so far.
2 x undercut ask MMs with only 2 x 500K from undercut ask low volume flippers bought out.
VFIN moved down to .0004 - appears to be happy to get his relatively low daily quota from sells on the ask.
Little chance of selling into the .0003s today in my view - if he wanted to dump 80M he could have done it right now.


"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.