Posted On: 12/20/2016 11:05:24 AM
Post# of 4348
Hardly significant. Not "another" day of selling. Yesterday, when there was a 1M+ sell into the bid at .0014/.0013, undercut asks of 1M+ at .0014 were bought within minutes.
I think the large bid is just trying to get shares to flip - lowering it to get the best price - and using a stacked ask to dupe people into selling. Seen it all before.
2M>5M changing hands per day for 20+ days in the .0013>.0017 range is not significant in the grand scheme of things.
I think the large bid is just trying to get shares to flip - lowering it to get the best price - and using a stacked ask to dupe people into selling. Seen it all before.
2M>5M changing hands per day for 20+ days in the .0013>.0017 range is not significant in the grand scheme of things.
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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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