Posted On: 08/31/2016 4:02:57 PM
Post# of 1674
Trading Summary - August 31.
2.7M loaded by buying on the ask at .0001.
Loaded at .0001 Ask: 793M in the last 15 trading days.
Total since July 1, 2016: 2.963B.
With an O/S of 8B - but with almost 3B in the hands of those that have loaded it since July 1 and at least 1B known to be in the hands of just a handful of "longs", effectively the O/S that is likely to be traded in the first few to several upticks is now the same as VPOR (see example of how it ran in sticky) - 4B.
The GTC ask at .0001 - believed to be mostly from the 1-tick basher / flippers trying to get out even - was 34M - down another 5M from 39M yesterday - and down 10M from 44M on Monday - reflecting some orders cancelled.
2.7M loaded by buying on the ask at .0001.
Loaded at .0001 Ask: 793M in the last 15 trading days.
Total since July 1, 2016: 2.963B.
With an O/S of 8B - but with almost 3B in the hands of those that have loaded it since July 1 and at least 1B known to be in the hands of just a handful of "longs", effectively the O/S that is likely to be traded in the first few to several upticks is now the same as VPOR (see example of how it ran in sticky) - 4B.
The GTC ask at .0001 - believed to be mostly from the 1-tick basher / flippers trying to get out even - was 34M - down another 5M from 39M yesterday - and down 10M from 44M on Monday - reflecting some orders cancelled.
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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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