The 5.5M at .0012 could have been a cross trade fr
Post# of 1001
Posted On: 03/29/2016 11:49:52 AM
The 5.5M at .0012 could have been a cross trade from shorts covering - mood among supporters on iHub is buoyant right now.
I think there were quite a few faint hearted BETS followers yesterday that didn't bid or hit the ask at .0015>.0011 whilst they thought it might go lower.
I think we might see some of those hit the ask today whilst they still have a chance to add under .0020.
There might also be some who sold in panic who will try to get back in now as there has been no attempt yet at large scale convertible debt selling.
I think there were quite a few faint hearted BETS followers yesterday that didn't bid or hit the ask at .0015>.0011 whilst they thought it might go lower.
I think we might see some of those hit the ask today whilst they still have a chance to add under .0020.
There might also be some who sold in panic who will try to get back in now as there has been no attempt yet at large scale convertible debt selling.
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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.
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