Posted On: 11/03/2016 9:59:10 PM
Post# of 1674
I'm still concentrating on the latest example - $INCC - of a stock that was bashed by morons on iHub for 2+ years from 3Q 2014 when it was shorted down from a high of .0219 all the way to no bid x .0001.
Following my alert on Oct 24 here on IH and social media, it ran up 150% from .0002>.0005 which it then held for 8 straight trading days - because disciplined traders secured the cheapest shares and blocked out opportunistic flippers and "sell on news" morons. Today, it closed 350% at .0007 with MMs desperately trying to hold it back to load or cover any outstanding short position by partially filling large 10M orders with multiples of 10200 / 20400 / 40800 / 81600. If you have the time, check out the back story of the action so far on the $INCC board here from # 723.
The bottom line is anything can happen at any time at the bottom end of the OTC market. The nonsense posts on iHub by the opinion of a few get out trumped by the power of deep pockets setting off a run backed up by the power of information (knowing how much volume was picked up at each price - on the way down as well as up) + social media alerting networking skills.
I do not expect the wait on $REDG to be as long as it was on $INCC (2 years +) but I'm prepared to wait that long ready to go from the bottom up on a second's notice.
I'll do the now weekly update to the $REDG loading totals after the close tomorrow.
Following my alert on Oct 24 here on IH and social media, it ran up 150% from .0002>.0005 which it then held for 8 straight trading days - because disciplined traders secured the cheapest shares and blocked out opportunistic flippers and "sell on news" morons. Today, it closed 350% at .0007 with MMs desperately trying to hold it back to load or cover any outstanding short position by partially filling large 10M orders with multiples of 10200 / 20400 / 40800 / 81600. If you have the time, check out the back story of the action so far on the $INCC board here from # 723.
The bottom line is anything can happen at any time at the bottom end of the OTC market. The nonsense posts on iHub by the opinion of a few get out trumped by the power of deep pockets setting off a run backed up by the power of information (knowing how much volume was picked up at each price - on the way down as well as up) + social media alerting networking skills.
I do not expect the wait on $REDG to be as long as it was on $INCC (2 years +) but I'm prepared to wait that long ready to go from the bottom up on a second's notice.
I'll do the now weekly update to the $REDG loading totals after the close tomorrow.
(2)
(0)
"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.
