Posted On: 10/17/2016 9:52:48 AM
Post# of 3585
Still only 3 x MM under .0050. We may see someone buy 6M>10M at .0009 to take out everything under .0010 anytime today. Watch the MMs scrabble around if they do - may be around 300M short still and they don't want to risk too many shares on the ask trying to hold it back.
When the shorts finally decide the game is up and they have to buy on the ask to minimize losses, that's when we would see a short squeeze.
When the shorts finally decide the game is up and they have to buy on the ask to minimize losses, that's when we would see a short squeeze.
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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.
