Early trading - April 18. Instant 44M bid .0003
Post# of 1674
Posted On: 04/18/2016 10:56:13 AM
Early trading - April 18.
Instant 44M bid .0003 x 27M .0004.
One or more flippers increased the ask to 41M (less than the 51M which showed the first time .0004s were bought on Friday).
5M bought on the ask at .0004 - including a 2.375M slap.
One 10M bid whack - probably a flipper from .0001 or .0002 who won't be able to get back in at .0002.
A few other low level flipper whacks totaling 1.8M.
2 x 911 trades at .0004.
16M volume so far.
Now 32M .0003 x 36M .0004.
We will need to work through a few more of the low level flippers from .0001 and .0002 - with the ask less than 30M - before new buyers will get the mindset that they won't be able to fill on the bid and that they need to hit the ask if they want in.
Once we start to see instant 20M>40M bids on each uptick - created by 2>4 people trying to buy the last 10M at any level - with only 20M > 30M on the ask - then we will get some momentum going.
Instant 44M bid .0003 x 27M .0004.
One or more flippers increased the ask to 41M (less than the 51M which showed the first time .0004s were bought on Friday).
5M bought on the ask at .0004 - including a 2.375M slap.
One 10M bid whack - probably a flipper from .0001 or .0002 who won't be able to get back in at .0002.
A few other low level flipper whacks totaling 1.8M.
2 x 911 trades at .0004.
16M volume so far.
Now 32M .0003 x 36M .0004.
We will need to work through a few more of the low level flippers from .0001 and .0002 - with the ask less than 30M - before new buyers will get the mindset that they won't be able to fill on the bid and that they need to hit the ask if they want in.
Once we start to see instant 20M>40M bids on each uptick - created by 2>4 people trying to buy the last 10M at any level - with only 20M > 30M on the ask - then we will get some momentum going.
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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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