Posted On: 11/21/2016 11:31:55 AM
Post# of 4354
Early Trading - November 21.
On iHub, "talek" who originally bought in the low .000xs and was a supporter - and may have sold too much soon - started bashing intensively today (regarding the future of mj) and may also have made a few sacrificial sells into the large 5M bid.
A combination of sacrificial sells (that the seller still made a profit on) + a few panic sells + small stacked ask (which the seller would still make a large profit on) - caused a momentary drop to .0011 allowing waiting bids to be filled.
The ask was immediately slapped by astute traders that recognized what was going on - I took 1M at .0012 - and already $INCC is back to .0016 on the ask.
All that happened is that 17M shares changed hands from weak to strong and 50%.100% channel flippers.
On iHub, "talek" who originally bought in the low .000xs and was a supporter - and may have sold too much soon - started bashing intensively today (regarding the future of mj) and may also have made a few sacrificial sells into the large 5M bid.
A combination of sacrificial sells (that the seller still made a profit on) + a few panic sells + small stacked ask (which the seller would still make a large profit on) - caused a momentary drop to .0011 allowing waiting bids to be filled.
The ask was immediately slapped by astute traders that recognized what was going on - I took 1M at .0012 - and already $INCC is back to .0016 on the ask.
All that happened is that 17M shares changed hands from weak to strong and 50%.100% channel flippers.
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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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