REDG early trading September 11. Appears to be
Post# of 1674
Posted On: 09/11/2015 11:58:20 AM
REDG early trading September 11.
Appears to be following the pattern I described yesterday with some renewed interest as people realize they will most probably not be able to get .0003 on the bid.
At the open, the GTC sell orders at .0004 from flippers was only 14M - less than the 20M at the close. Flippers and or any note sellers only raised it to about 27M initially.
30M has been bought on the ask at .0004 today.
After some whale buys - including one for 9M - any note sellers seem happy to do it on the ask which is good as once nobody else can flip from .0003>.0004 (or doesn't want to because they are long), any note sellers left will probably move up like they did a few weeks ago.
The bid at .0003 has increased to 114M - there has only been one 10M sell into the bid.
Appears to be following the pattern I described yesterday with some renewed interest as people realize they will most probably not be able to get .0003 on the bid.
At the open, the GTC sell orders at .0004 from flippers was only 14M - less than the 20M at the close. Flippers and or any note sellers only raised it to about 27M initially.
30M has been bought on the ask at .0004 today.
After some whale buys - including one for 9M - any note sellers seem happy to do it on the ask which is good as once nobody else can flip from .0003>.0004 (or doesn't want to because they are long), any note sellers left will probably move up like they did a few weeks ago.
The bid at .0003 has increased to 114M - there has only been one 10M sell into the bid.
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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.