Posted On: 12/29/2016 1:33:17 PM
Post# of 4405
Since we last opened at .0002 on October 24, 2016, the volume of shares traded has been a little greater than 71% of the outstanding shares.
We have seen a high of .0033 on November 8, 2016, which represented a 1550% gain from Oct. 24.
Virtually all trading activity since Nov. 8th has been in the .0012 - .0018 range.
While I clearly see there has been a significant amount of loading taking place, this has been a day trade paradise. Even I have taken advantage of the spread by flipping my lower end buys for a profit and then buying back those sold shares on dips.....all while maintaining a solid base of shares so as not to be caught "out in the cold" should the expected run commence. I don't like chasing a run!
Yes, I have been working both sides of this play and I'm not ashamed.
For now, however, as we are close to the release of expected news, I am holding everything for the coming run.
We have seen a high of .0033 on November 8, 2016, which represented a 1550% gain from Oct. 24.
Virtually all trading activity since Nov. 8th has been in the .0012 - .0018 range.
While I clearly see there has been a significant amount of loading taking place, this has been a day trade paradise. Even I have taken advantage of the spread by flipping my lower end buys for a profit and then buying back those sold shares on dips.....all while maintaining a solid base of shares so as not to be caught "out in the cold" should the expected run commence. I don't like chasing a run!
Yes, I have been working both sides of this play and I'm not ashamed.
For now, however, as we are close to the release of expected news, I am holding everything for the coming run.
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