$DIDG Possible short position. A number of respect
Post# of 713
Posted On: 03/13/2016 11:01:57 AM
$DIDG Possible short position. A number of respected posters on iHub believe that there may be a short position in DIDG. I agree that this might be a possibility for the following reasons.
At the open on Friday, DIDG was at .0011 x .0012.
After a few hits on the ask, there was an inexplicable drop below .0010 - I immediately tried to buy 1M at .0010 on the ask.
I got a partial fill of about 10K shares at .00098 - a price not normally available to retail.
I then saw a 20M+ fill at .0008 & then the remainder of my order filled at .00085 - again a price not normally available to retail.
A fake wall of 12M that had appeared at 0010 was pulled and buying on the ask rapidly recommenced at 0011+.
All this happened in a minute or so and about 100M>120M changed hands. Some of this was people who had bought at 0008>.0010 on Thursday panicking & selling.
Also, the iHub "bashers" -who are suspected of being paid by the shorters - have appeared on the iHub board again but have no credibility as they have not bothered to read up on the rapidly evolving progress made by Remuda and the documentary evidence they have provided.
If there is a short position - some estimate it may be as high as 119M - the already anticipated buying frenzy at the open may be accelerated significantly.
There may also be some games - such as a 10K on the ask - to try to hold upward movement up for the shorters to cover.
If you plan to trade DIDG - be ready for anything - it's going to be exciting !.
At the open on Friday, DIDG was at .0011 x .0012.
After a few hits on the ask, there was an inexplicable drop below .0010 - I immediately tried to buy 1M at .0010 on the ask.
I got a partial fill of about 10K shares at .00098 - a price not normally available to retail.
I then saw a 20M+ fill at .0008 & then the remainder of my order filled at .00085 - again a price not normally available to retail.
A fake wall of 12M that had appeared at 0010 was pulled and buying on the ask rapidly recommenced at 0011+.
All this happened in a minute or so and about 100M>120M changed hands. Some of this was people who had bought at 0008>.0010 on Thursday panicking & selling.
Also, the iHub "bashers" -who are suspected of being paid by the shorters - have appeared on the iHub board again but have no credibility as they have not bothered to read up on the rapidly evolving progress made by Remuda and the documentary evidence they have provided.
If there is a short position - some estimate it may be as high as 119M - the already anticipated buying frenzy at the open may be accelerated significantly.
There may also be some games - such as a 10K on the ask - to try to hold upward movement up for the shorters to cover.
If you plan to trade DIDG - be ready for anything - it's going to be exciting !.
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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.