Summary - April 8. The market accepted that Gar
Post# of 713
Posted On: 04/08/2016 4:11:46 PM
Summary - April 8.
The market accepted that Gary Andrew is the Owner / President of Intermountain Orient - and that it is still the $30M+ lumber business that is the subject of the proposed reverse merger with the DIDG shell that Gary Andrew is now Emergency Custodian of.
There was a 30M bid at .0003 at the open which grew to 62M during the course of trading.
There was one token attempt - in my view - to see if people would panic sell into the bid by making a sacrificial dump of 2.9M into the bid at .0003. Nobody followed and the bid was actually increased by 32M to 62M. There was ample opportunity for that amount to be sold at .0004 - on the bid or the ask - had the seller chosen to.
37M traded - mostly at .0004 - 7M taken on the ask at .0005.
28M on ask at .0005 at the open - 7M bought - 10M cancelled - 11M left at close - only 9M in GTCs (2M were flipper day trades now cancelled).
A solid day overall which offered ample opportunity for people to increase their holding and thereby create various alternate strategies for trading / holding ratios at various price points going forward.
Going forward, we await news of how the shareholder vote will be conducted.
The market accepted that Gary Andrew is the Owner / President of Intermountain Orient - and that it is still the $30M+ lumber business that is the subject of the proposed reverse merger with the DIDG shell that Gary Andrew is now Emergency Custodian of.
There was a 30M bid at .0003 at the open which grew to 62M during the course of trading.
There was one token attempt - in my view - to see if people would panic sell into the bid by making a sacrificial dump of 2.9M into the bid at .0003. Nobody followed and the bid was actually increased by 32M to 62M. There was ample opportunity for that amount to be sold at .0004 - on the bid or the ask - had the seller chosen to.
37M traded - mostly at .0004 - 7M taken on the ask at .0005.
28M on ask at .0005 at the open - 7M bought - 10M cancelled - 11M left at close - only 9M in GTCs (2M were flipper day trades now cancelled).
A solid day overall which offered ample opportunity for people to increase their holding and thereby create various alternate strategies for trading / holding ratios at various price points going forward.
Going forward, we await news of how the shareholder vote will be conducted.
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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.