Trading Summary - April 25. Huge slaps on the a
Post# of 1217
Posted On: 04/25/2016 4:53:30 PM
Trading Summary - April 25.
Huge slaps on the ask took out the remaining .0002s early on.
Initially there was 110M at .0003 on the uptick.
This was subsequently increased to 159M on occasion leading to multiple bid whacks / undercut ask at .0002 from 1-tick opportunistic flippers who didn't need their .0001s to average down.
Ask around 147M at .0003 for the last few hours.
Total volume 187M.
Only 69M in GTCs at .0003 at the close - so the other 78M were day trades which didn't execute and those might hold for higher of they see strong buying.
I think we will see continued buying on the ask whilst the general sentiment is that any of the 3 anticipated news items will set off a run.
On the other hand, we have seen a few occasions where dilution selling and / or shorting has totally wiped out a 100M+ bid at .0001.
Huge slaps on the ask took out the remaining .0002s early on.
Initially there was 110M at .0003 on the uptick.
This was subsequently increased to 159M on occasion leading to multiple bid whacks / undercut ask at .0002 from 1-tick opportunistic flippers who didn't need their .0001s to average down.
Ask around 147M at .0003 for the last few hours.
Total volume 187M.
Only 69M in GTCs at .0003 at the close - so the other 78M were day trades which didn't execute and those might hold for higher of they see strong buying.
I think we will see continued buying on the ask whilst the general sentiment is that any of the 3 anticipated news items will set off a run.
On the other hand, we have seen a few occasions where dilution selling and / or shorting has totally wiped out a 100M+ bid at .0001.
(0)
(0)Aluf Holdings, Inc. (AHIX) 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.