Posted On: 07/05/2016 4:09:11 PM
Post# of 1674
Trading Summary - July 5.
Open 354M on the ask at .0002 - only 94M more than before 1.505 B loaded at .0001.
A couple of slaps on the ask at .0002 - 2.5M and 5M.
Then 31M cancelled by a one-tic flipper from the ask.
About 110M traded at .0001.
Significant that a 29.9M and a 10M trade came off the ask.
Ask reduced to 277M - that is only 17M more than before the loading at .0001.
Of that, only 106M is in GTCs - was 142M on Friday - so 171M is from indecisive sellers.
Open 354M on the ask at .0002 - only 94M more than before 1.505 B loaded at .0001.
A couple of slaps on the ask at .0002 - 2.5M and 5M.
Then 31M cancelled by a one-tic flipper from the ask.
About 110M traded at .0001.
Significant that a 29.9M and a 10M trade came off the ask.
Ask reduced to 277M - that is only 17M more than before the loading at .0001.
Of that, only 106M is in GTCs - was 142M on Friday - so 171M is from indecisive sellers.
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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.
