(Total Views: 189)
Posted On: 12/13/2017 4:24:15 PM
Post# of 4347
Share Structure is as I have just updated in sticky # 2743 with figures from 2017 Q3 dated Nov 13 - A/S unchanged since last figure in May 2017.
It is obvious that shares have not been traded at .0001 / .000098 as per the volume figures - most are mirror trades.
Some may be MM > MM trades with transfers from debt holders to a MM that is happy to take them to make a significant profit on later when it gets run up at various times next year - particularly whenever you see alternate prints in red / green or at non-retail prices like .00098. Exactly the same happened in Summer 2016 when almost no .0001s went to retail buyers - I know because I was trying at the time. At least there has been ample opportunity to get both .0001s and .0002s this time, but nothing like the quantity shown.
For instance, today there is no way 150M was traded at .0001.
It is obvious that shares have not been traded at .0001 / .000098 as per the volume figures - most are mirror trades.
Some may be MM > MM trades with transfers from debt holders to a MM that is happy to take them to make a significant profit on later when it gets run up at various times next year - particularly whenever you see alternate prints in red / green or at non-retail prices like .00098. Exactly the same happened in Summer 2016 when almost no .0001s went to retail buyers - I know because I was trying at the time. At least there has been ample opportunity to get both .0001s and .0002s this time, but nothing like the quantity shown.
For instance, today there is no way 150M was traded at .0001.
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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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