Posted On: 06/02/2016 8:23:58 PM
Post# of 4389
Recent Trading Update - June 2.
4M slap on the ask at .0002 took them out.
The bid at .0003 was reduced to 32M.
Nobody who has bought .0002s in the last few weeks has put them up for a 1-tick flip at .0003.
Nobody has got any significant number of .0001s - apart from filling on the bid during token paint down attempts - since just prior to the first run up in 2016 after the year end tax sells.
Can uptick very quickly whenever people buy 5M>20M at a time due to the relatively thin share structure for a .000x > .0x stock.
4M slap on the ask at .0002 took them out.
The bid at .0003 was reduced to 32M.
Nobody who has bought .0002s in the last few weeks has put them up for a 1-tick flip at .0003.
Nobody has got any significant number of .0001s - apart from filling on the bid during token paint down attempts - since just prior to the first run up in 2016 after the year end tax sells.
Can uptick very quickly whenever people buy 5M>20M at a time due to the relatively thin share structure for a .000x > .0x stock.
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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.
