Posted On: 06/14/2016 4:03:40 PM
Post# of 1674
Trading Summary - June 14.
No shortage of large slaps around 5M>7M on the ask at .0002 being filled by the convertible debt selling MM(s) - CFGN not yet confirmed.
Volume so far 54M of which at least 53M was in convertible debt selling.
Total convertible debt selling since May 26 now believed to be at least 881M + 53M = 934M.
Most recent notes believed to amount to 981M.
Bid at .0001 similar to yesterday - peaking at 603M and closing at 597M.
Fewer non-retail trades at .000198 today - only 5.25.
No trades at .0001 except a few nonsense paint down attempts.
An OK day with plenty of buying interest on the ask and a decent amount of convertible debt selling dealt with.
No shortage of large slaps around 5M>7M on the ask at .0002 being filled by the convertible debt selling MM(s) - CFGN not yet confirmed.
Volume so far 54M of which at least 53M was in convertible debt selling.
Total convertible debt selling since May 26 now believed to be at least 881M + 53M = 934M.
Most recent notes believed to amount to 981M.
Bid at .0001 similar to yesterday - peaking at 603M and closing at 597M.
Fewer non-retail trades at .000198 today - only 5.25.
No trades at .0001 except a few nonsense paint down attempts.
An OK day with plenty of buying interest on the ask and a decent amount of convertible debt selling dealt with.
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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.
