Posted On: 12/21/2016 12:01:49 PM
Post# of 1846
All that effort by the bashers through the night - and the deletion of 101 posts to make the situation look worse than it was - had hardly any effect on normal retail.
Because people failed to hit the ask and cause a short squeeze immediately at the open, after retail started buying the few remaining .0007s, they went ahead and shorted it again at .00065 at 09:32:46 and again at .00048 at 11:07:57.
That caused one or 2 people to panic and sell into their waiting bid and allow them to cover about another 20M (in my opinion).
Because people failed to hit the ask and cause a short squeeze immediately at the open, after retail started buying the few remaining .0007s, they went ahead and shorted it again at .00065 at 09:32:46 and again at .00048 at 11:07:57.
That caused one or 2 people to panic and sell into their waiting bid and allow them to cover about another 20M (in my opinion).


"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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