I agree. Over the last month, those who got SUTI o
Post# of 919
Posted On: 08/02/2015 12:04:37 PM
I agree. Over the last month, those who got SUTI originally at .0001 and .0002 (I was not one of them), sold at least some for .0004 and have been trying to reload at .0003. This has to be the case as the total volume traded since May 29, just after the new CEO took over, is equivalent to the entire float changing hands over 4 times.
New investors, and those wanting to reload or add more, were reluctant to hit the ask at .0004 whilst there was any chance of getting .0003 on the bid. However, since the significant news on Friday, the .0003 bid has grown dramatically form almost nothing a few days ago to over 100M at the close on Friday.
It will be exciting to see how the action unfolds next week in terms of people attempting to grab more shares on the ask versus flippers still attempting to reload versus the company buying back.
New investors, and those wanting to reload or add more, were reluctant to hit the ask at .0004 whilst there was any chance of getting .0003 on the bid. However, since the significant news on Friday, the .0003 bid has grown dramatically form almost nothing a few days ago to over 100M at the close on Friday.
It will be exciting to see how the action unfolds next week in terms of people attempting to grab more shares on the ask versus flippers still attempting to reload versus the company buying back.
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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.