I agree that next week should be exciting. We may
Post# of 713
Posted On: 04/02/2016 1:19:16 PM
I agree that next week should be exciting. We may see any / all of the following:
An announcement of the method by which the retrospective shareholder vote will be conducted.
Those wanting in or more DIDG shares perhaps hitting the ask rather than bid sitting, especially when the ask is relatively thin - around 10M>20M without getting repeatedly topped up. Those amounts disappear pretty quickly if just one person buys 5M>10M at a time.
Those who got .0002s>.0005s perhaps reconsidering whether to flip for just 1 to 4 ticks by cancelling GTC orders and trading manually based on observed activity on Level 2 as developments unfold.
Those who averaged down by buying large quantities at .0002/.0003 (496M traded during the 5 day period of uncertainty March 21-28) - specifically with the intent on getting out even below .0010 on any move - may reconsider and await developments or trade as above thereby reducing the ask available at every level.
People wanting to sell any portion of their holding for any reason may be more patient and sell on the ask rather than whacking the bid. There is no deadline anymore by which DIDG might be revoked by NV SOS due to inactivity.
We may see a surge of buying if Remuda Capital Group follow through on transferring funds into DIDG from other tickers they recently declared they are getting out of - their members clearly recognize the opportunity here.
On any day, there may be a gap up at the open if any individual or group places a market order for a large amount (10M+) higher than the closing ask to try to get that amount within 1 to 3 ticks..
We may see continued accumulation in the .0006>.0020 range by people who want to sell a portion of their holding at 100%>500% to turn their remaining holding into "free" shares. That means the profit banked covers the purchase cost of the remaining shares held as a lotto for an eventual possible rise to multiple penny level in due course once the reverse merger is complete and financial results for Future Intermountain Orient are promulgated periodically.
Various games to attempt to manipulate the price down to allow accumulation or to enable any short position to be covered. These activities are usually accompanied by known basher activities on message boards that permit those activities. Neither this board or the Remuda Forum allows such activities so the effect of bashers may be severely limited now.
We certainly shouldn't see another panic dump like the one orchestrated on March 18 when blatantly false or irrelevant information was repeatedly posted on iHub and those using that forum reacted in a very short timescale (last 30 minutes of trading) because they had not kept up to date with actual minute-to-minute developments and didn't check more reliable sources first.
Hopefully the above provides some points for existing and potential shareholders to consider prior to the open on Monday and going forward.
$DIDG
An announcement of the method by which the retrospective shareholder vote will be conducted.
Those wanting in or more DIDG shares perhaps hitting the ask rather than bid sitting, especially when the ask is relatively thin - around 10M>20M without getting repeatedly topped up. Those amounts disappear pretty quickly if just one person buys 5M>10M at a time.
Those who got .0002s>.0005s perhaps reconsidering whether to flip for just 1 to 4 ticks by cancelling GTC orders and trading manually based on observed activity on Level 2 as developments unfold.
Those who averaged down by buying large quantities at .0002/.0003 (496M traded during the 5 day period of uncertainty March 21-28) - specifically with the intent on getting out even below .0010 on any move - may reconsider and await developments or trade as above thereby reducing the ask available at every level.
People wanting to sell any portion of their holding for any reason may be more patient and sell on the ask rather than whacking the bid. There is no deadline anymore by which DIDG might be revoked by NV SOS due to inactivity.
We may see a surge of buying if Remuda Capital Group follow through on transferring funds into DIDG from other tickers they recently declared they are getting out of - their members clearly recognize the opportunity here.
On any day, there may be a gap up at the open if any individual or group places a market order for a large amount (10M+) higher than the closing ask to try to get that amount within 1 to 3 ticks..
We may see continued accumulation in the .0006>.0020 range by people who want to sell a portion of their holding at 100%>500% to turn their remaining holding into "free" shares. That means the profit banked covers the purchase cost of the remaining shares held as a lotto for an eventual possible rise to multiple penny level in due course once the reverse merger is complete and financial results for Future Intermountain Orient are promulgated periodically.
Various games to attempt to manipulate the price down to allow accumulation or to enable any short position to be covered. These activities are usually accompanied by known basher activities on message boards that permit those activities. Neither this board or the Remuda Forum allows such activities so the effect of bashers may be severely limited now.
We certainly shouldn't see another panic dump like the one orchestrated on March 18 when blatantly false or irrelevant information was repeatedly posted on iHub and those using that forum reacted in a very short timescale (last 30 minutes of trading) because they had not kept up to date with actual minute-to-minute developments and didn't check more reliable sources first.
Hopefully the above provides some points for existing and potential shareholders to consider prior to the open on Monday and going forward.
$DIDG
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(0)The Digital Development Group Corp. (DIDG) Stock Research Links
"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.