(Total Views: 598)
Posted On: 06/15/2017 10:59:52 AM
Post# of 5042
Copy of a post I made on iHub debunking "munimi" nonsense.
$DIGX Charts proven irrelevant multiple times over the last 5 quarters by successful, credible traders who have been here for over 2 years.
The fact of the matter is that longs secured the .0003 bid long ago and prevented flippers from getting .0002s and most of the 295M .0003s that have been loaded so far since May 25 - both by bidding and hitting the ask.
Nobody is going to get duped into selling for a loss at .0003 anymore.
Accordingly, those that want to be ready for the next run - whether it is started by acquisition news, deep pocket traders deciding to take out the .0004s, or the Q2 in 4>8 weeks time, have a choice of bidding .0003s which they probably won't get - no significant fills for 2 days - or hitting the ask.
$DIGX Charts proven irrelevant multiple times over the last 5 quarters by successful, credible traders who have been here for over 2 years.
The fact of the matter is that longs secured the .0003 bid long ago and prevented flippers from getting .0002s and most of the 295M .0003s that have been loaded so far since May 25 - both by bidding and hitting the ask.
Nobody is going to get duped into selling for a loss at .0003 anymore.
Accordingly, those that want to be ready for the next run - whether it is started by acquisition news, deep pocket traders deciding to take out the .0004s, or the Q2 in 4>8 weeks time, have a choice of bidding .0003s which they probably won't get - no significant fills for 2 days - or hitting the ask.
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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.
