Thanks. I don't use charts - there are usually irr
Post# of 713
I find OTC stocks coming of the bottom by getting scanner alerts for any unusual activity. I knew that DIDG had gone to no bid last year.
Before jumping in at .0004/.0005, I checked the history to make sure it had not been front loaded - it hadn't:
If somebody had bought every single .0001 sold in December they would only have 50M.
In January there was only about 8.5M bought at .0001 & nothing else.
In February there was only about 4M bought at .0001 & nothing else.
March 4 - only 24M available at .0001
March 7 - 84M .0001>.0004.
March 8 - 91M .0002>.0005 (most .0004/.0005).
March 9 - 407M .0003>.0009
Today, there was only about 15M>20M at each of .0004/5/6.
Around 200M > 250M was bought at .0008/9 today.
It traded quite a bit in the .001xs about a year ago - irrelevant now.
What it does going forward depends on how people view the announcement today, what's in the announcement tomorrow and the CC on Monday.
There will be original bagholders needing to average down from as high as .0098 and possibly from the .0008/9s today.
The Digital Development Group Corp. (DIDG) Stock Research Links
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.