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Posted On: 06/29/2018 12:00:06 PM
Post# of 2306
Trading Update - June 29.
Balance of fake ask at .14 from yesterday cancelled before the open - those trying to hold it back to dupe others to sell lower didn't want to lose anymore of their shares after the multiple 5M buys against them yesterday.
Fake amount was then moved up to .1697 at open - but with nobody duped to sell into bid - that too has been cancelled so as not to be lost.
Now showing only 9000 left at .1698 next.
Probably only about 50K available under .2. Most OTC whales scaling in would want about 200K > 250K under .2. Any institutional buyers that MMs may have instructions to buy for will want more.
Balance of fake ask at .14 from yesterday cancelled before the open - those trying to hold it back to dupe others to sell lower didn't want to lose anymore of their shares after the multiple 5M buys against them yesterday.
Fake amount was then moved up to .1697 at open - but with nobody duped to sell into bid - that too has been cancelled so as not to be lost.
Now showing only 9000 left at .1698 next.
Probably only about 50K available under .2. Most OTC whales scaling in would want about 200K > 250K under .2. Any institutional buyers that MMs may have instructions to buy for will want more.
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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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