There appears to be considerable excitement in pos
Post# of 1218
Posted On: 03/25/2016 8:49:30 PM
There appears to be considerable excitement in postings elsewhere - generating a page every 4 hours on a non-trading holiday (Good Friday).
This may be enough for longs to decide to take the last of the .0002s on Monday - before others do - without waiting for the next news update.
Provided there is less than 100M on the ask at .0003 - and even that would disappear pretty quickly if people started buying chunks of 10M>15M>20M as has been seen before - AHIX could uptick very rapidly on what is now known to be a relatively thin float (<1B).
Many longs probably still have have averages well above .0010 and won't be selling for a loss with news expected on financing and a number of previously announced acquisitions / deals. The rate of ascent will therefore depend on how many try to flip below the .0010 breakout.
Watch for a possible move from next week.
$AHIX
This may be enough for longs to decide to take the last of the .0002s on Monday - before others do - without waiting for the next news update.
Provided there is less than 100M on the ask at .0003 - and even that would disappear pretty quickly if people started buying chunks of 10M>15M>20M as has been seen before - AHIX could uptick very rapidly on what is now known to be a relatively thin float (<1B).
Many longs probably still have have averages well above .0010 and won't be selling for a loss with news expected on financing and a number of previously announced acquisitions / deals. The rate of ascent will therefore depend on how many try to flip below the .0010 breakout.
Watch for a possible move from next week.
$AHIX
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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.