Despite scary lack of visible bid support - rememb
Post# of 364
Posted On: 03/22/2016 11:48:58 AM
Despite scary lack of visible bid support - remember AONs don't show - somebody slapped 1M+ out of 2.7M at .0042.
Could go way back down anywhere in the .0030s - depends entirely on how many really want a stake in it if they don't have any now given today's price forecast of $.02 within 12 months versus any flippers taking a profit.
Equally, a few slaps of 1M+ at each .0001 and it could be at .0050.
I don't think any long term watchers expected it to get from the .0030 break yesterday to .0040 in one day.
I only have 500K of it and never have more than 2M which makes it easy to average down & flip from bottom up if it goes back 20 ticks in a day which it did do once on a massive manipulation day.
Could go way back down anywhere in the .0030s - depends entirely on how many really want a stake in it if they don't have any now given today's price forecast of $.02 within 12 months versus any flippers taking a profit.
Equally, a few slaps of 1M+ at each .0001 and it could be at .0050.
I don't think any long term watchers expected it to get from the .0030 break yesterday to .0040 in one day.
I only have 500K of it and never have more than 2M which makes it easy to average down & flip from bottom up if it goes back 20 ticks in a day which it did do once on a massive manipulation day.
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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.