Posted On: 11/16/2016 12:35:31 PM
Post# of 4354
Somebody took out the hold back attempt at .0024 with a 2M slap but they set it at .0024 - they should have set it at .0025.
So 134K total hold back gone but 1.86M went to a .0024 bid and then a moron whacked it for 500K.
Had they set the 2M at .0025, the ask would have been only 8M instead of 10M.
I expect a whale who doesn't yet have enough will slap the .0025 at some point to get it moving.
49M volume so far today in just 3 hours - was 55M all day on both Mon + Tue.
So 134K total hold back gone but 1.86M went to a .0024 bid and then a moron whacked it for 500K.
Had they set the 2M at .0025, the ask would have been only 8M instead of 10M.
I expect a whale who doesn't yet have enough will slap the .0025 at some point to get it moving.
49M volume so far today in just 3 hours - was 55M all day on both Mon + Tue.
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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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