(Total Views: 2134)
Posted On: 04/03/2017 2:30:25 PM
Post# of 1674
Yes - it's excellent. What is also good is that numerous scanner watchers spotted the initial huge buy of 497M at .0001 and are now invested for the longer term at the best possible price.
Almost none of the 1.8B bought at .0001 has been put on the ask at .0002 - that is mostly the bag holders from much higher still trying to sell for a loss. 2 waves of them already have sold into the bid at .0001 reducing the ask from 550M on first uptick to 455M now.
Twice, an undercut ask of 200M at .0001 has been enthusiastically bought up in minutes.
Probably going to work out better than a r/s now for savvy traders who are good at adjusting their trading plan as the situation develops over the coming hours / days / weeks / months.
Almost none of the 1.8B bought at .0001 has been put on the ask at .0002 - that is mostly the bag holders from much higher still trying to sell for a loss. 2 waves of them already have sold into the bid at .0001 reducing the ask from 550M on first uptick to 455M now.
Twice, an undercut ask of 200M at .0001 has been enthusiastically bought up in minutes.
Probably going to work out better than a r/s now for savvy traders who are good at adjusting their trading plan as the situation develops over the coming hours / days / weeks / months.
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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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