Trading Summary - May 13. At the open there was
Post# of 1674
Posted On: 05/13/2016 4:02:42 PM
Trading Summary - May 13.
At the open there was 60M on the ask at .0006 - almost half of which was the single indecisive seller of 27.8M that transferred from ATDF to NITE yesterday and had been at .0007/6/5/6 with ATDF previously.
In early trading about 8M was bought on the ask at .0006 with MMs counting down correctly.
People failed to hit the ask at .0006 hard enough to satisfy the daily / weekly quota for selling from VFIN.
As a result, there were some small sells 1Ms/2Ms into the bid at .0005.
Some undercut ask then appeared at .0005 - including 10M from VFIN (notably not a token 10K or 1M so perhaps a clue) and a couple of retail 1Ms - some of which was bought.
There was also 2 x 2M sells into the bid at .0004 - which was maintained at 40M through to the close.
Overall 21M traded - roughly 8M at .0006 / 9M at .0005 / 4M at .0004.
At the open there was 60M on the ask at .0006 - almost half of which was the single indecisive seller of 27.8M that transferred from ATDF to NITE yesterday and had been at .0007/6/5/6 with ATDF previously.
In early trading about 8M was bought on the ask at .0006 with MMs counting down correctly.
People failed to hit the ask at .0006 hard enough to satisfy the daily / weekly quota for selling from VFIN.
As a result, there were some small sells 1Ms/2Ms into the bid at .0005.
Some undercut ask then appeared at .0005 - including 10M from VFIN (notably not a token 10K or 1M so perhaps a clue) and a couple of retail 1Ms - some of which was bought.
There was also 2 x 2M sells into the bid at .0004 - which was maintained at 40M through to the close.
Overall 21M traded - roughly 8M at .0006 / 9M at .0005 / 4M at .0004.
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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.