Posted On: 08/19/2016 1:51:34 PM
Post# of 1514
At least 20M traded on the run up on news - at one point MM DLNY moved up to .10 and that led to some slapping for 100K/200K over .0170 for the second time but when more sold into the bid (sometimes as much as 500K at a time) - DLNY came back down to .0165.
I expect we will see a bit more juggling up and down as anyone still holding .0043>.0065 decides whether to take up to 400% at around .0170 or wait for higher.
The deep pockets may decide to run it up towards .02 if they know more news coming soon.
I'm out for now.
I expect we will see a bit more juggling up and down as anyone still holding .0043>.0065 decides whether to take up to 400% at around .0170 or wait for higher.
The deep pockets may decide to run it up towards .02 if they know more news coming soon.
I'm out for now.
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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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