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Posted On: 06/26/2017 11:37:15 AM
Post# of 4913
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Trading Update - June 26.
Another 12.8M loaded so far today in the first 2 hours.
Of that, only 3.8M was picked by up bidders at .0005.
9M was bought on the ask at .0006.
A 10K paint down to .0005 immediately after a 3M hit on the ask at the open failed to dupe any significant holder to sell into the bid.
One or two small volume, low level flippers selfishly sold into the bid because they were impatient - otherwise there would have been no bid pickups at all.
2 x 5M sell block at .0006 cancelled today reducing the NITE block to 17M.
Now only 21M left at .0006 - down from 68M on initial uptick.
One bid sitter hit the ask instead after realizing after 5 minutes that he would not get a fill.
The bid has since been topped up again - now 10M.
Another 12.8M loaded so far today in the first 2 hours.
Of that, only 3.8M was picked by up bidders at .0005.
9M was bought on the ask at .0006.
A 10K paint down to .0005 immediately after a 3M hit on the ask at the open failed to dupe any significant holder to sell into the bid.
One or two small volume, low level flippers selfishly sold into the bid because they were impatient - otherwise there would have been no bid pickups at all.
2 x 5M sell block at .0006 cancelled today reducing the NITE block to 17M.
Now only 21M left at .0006 - down from 68M on initial uptick.
One bid sitter hit the ask instead after realizing after 5 minutes that he would not get a fill.
The bid has since been topped up again - now 10M.
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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.