Posted On: 06/28/2016 4:00:57 PM
Post# of 1674
Trading Summary - June 28.
Peak bid / ask 590M .0001 x 220M .0002.
Total volume 250K - all hits on the ask at .0002.
No convertible debt selling - for 2nd day running.
No non-retail trades or shorting / shorts covering - for 2nd day running.
Ask in GTC orders at close was only 146M - so 74M in day trades by the 1-tick flippers who will probably not put them up at .0002 if the .0002s start disappearing fast.
I repeat my comment from yesterday - anyone thinking of getting in or adding more might like to take the .0002s on the ask whilst they are still there.
Earlier this year, 89M at .0002 - with less on the bid at .0001 - disappeared in minutes when just a few started buying 10M>20M at a time.
Peak bid / ask 590M .0001 x 220M .0002.
Total volume 250K - all hits on the ask at .0002.
No convertible debt selling - for 2nd day running.
No non-retail trades or shorting / shorts covering - for 2nd day running.
Ask in GTC orders at close was only 146M - so 74M in day trades by the 1-tick flippers who will probably not put them up at .0002 if the .0002s start disappearing fast.
I repeat my comment from yesterday - anyone thinking of getting in or adding more might like to take the .0002s on the ask whilst they are still there.
Earlier this year, 89M at .0002 - with less on the bid at .0001 - disappeared in minutes when just a few started buying 10M>20M at a time.
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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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