(Total Views: 147)
Posted On: 03/30/2017 12:14:10 PM
Post# of 5420
ClayTrader was trying to post his spam videos advertising his website in here yesterday and today - 3 times in 12 hours.
At the open, there was a flurry of people buying .0006 on the undercut ask from orders placed before the open. Then there was a 5.3M sell at .00055 - possibly shorted - go figure. Others that were of the short term flip mentality then panicked and sold into the .0005 bid to take a profit from .0003/4.
Out of 460M traded yesterday, only about 89M was at .0003 - mostly the absent failed flippers from the last run selling for a loss on GTC orders - and 47M initially at .0004. Accordingly, most bought yesterday at .0005>.0007 - around 500M.
In my opinion, today's activity so far is just a combination of manipulation down for loading plus a limited number of transient traders selling for a small 1- or 2-tick profit.
At the open, there was a flurry of people buying .0006 on the undercut ask from orders placed before the open. Then there was a 5.3M sell at .00055 - possibly shorted - go figure. Others that were of the short term flip mentality then panicked and sold into the .0005 bid to take a profit from .0003/4.
Out of 460M traded yesterday, only about 89M was at .0003 - mostly the absent failed flippers from the last run selling for a loss on GTC orders - and 47M initially at .0004. Accordingly, most bought yesterday at .0005>.0007 - around 500M.
In my opinion, today's activity so far is just a combination of manipulation down for loading plus a limited number of transient traders selling for a small 1- or 2-tick profit.
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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.
