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Viva Entertainment Group, OTTV
(Total Views: 239)
Posted On: 07/20/2017 7:48:18 PM
Post# of 2840
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Posted By: AJH92
Re: quick_wit #216
I agree. As already stated, I do not have a large position in $OTTV but it is a no brainer to keep a small lotto on a "free" cost basis for a big run towards .01+ when sign-up and revenue figures are released and in the meantime trade small amounts on surges of 5 to 15 ticks that come around every few days.

The great liquidity created daily by those selling due to incorrectly interpreting Level 2, taking notice of misleading information, or believing in chart nonsense means that you don't even have to concentrate on getting the cheapest price or selling at the surge peak to make a worthwhile profit every day or so.

It is perfectly possible to make a multiple $5-figure profit in a few weeks just trading / holding a relatively small amount like 5M>15M across several price ranges.

I would be more enthusiastic if I had held more of my cheaper shares from .0005 but I had bigger fish to fry at the time that required my full attention.

Overall, today was a good one for $OTTV. People had every opportunity to pick up shares in the .0020>.0024 range yesterday - after it was obvious that it had been manipulated temporarily to the .0015>.0019 range for reloading - and for days before that, and to sell any or all in the .0032 > .0026 range from when the news hit right up to the close. Also, anyone holding more expensive shares has had every opportunity to buy more at lower levels and still will have at the open tomorrow.













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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.



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