Posted On: 11/22/2016 10:24:39 AM
Post# of 4392
They are covering at the moment.
To get the short squeeze we enough buying on the ask hitting the 10K or stacked ask hold back attempts over a few successive .0001 increment levels to over .0020.
That's exactly what happened in the .0006 > .0013 range in my view when you look at the amounts needed to uptick from my contemporaneous record in stickey # 1261. They got a real shock when the mini-wall at .0006 got slapped and buyers followed through at .0007/8/9.
.0005: 51M
.0006: 25M
.0007: 3M
.0008: 18M
.0009: 9M
.0010: 16M
.0011: 19M
.0012: 17M
.0013: 8M
To get the short squeeze we enough buying on the ask hitting the 10K or stacked ask hold back attempts over a few successive .0001 increment levels to over .0020.
That's exactly what happened in the .0006 > .0013 range in my view when you look at the amounts needed to uptick from my contemporaneous record in stickey # 1261. They got a real shock when the mini-wall at .0006 got slapped and buyers followed through at .0007/8/9.
.0005: 51M
.0006: 25M
.0007: 3M
.0008: 18M
.0009: 9M
.0010: 16M
.0011: 19M
.0012: 17M
.0013: 8M
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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.
