Trading Update - May 25. The 76M bid at .0003 -
Post# of 1674
Posted On: 05/25/2016 12:35:56 PM
Trading Update - May 25.
The 76M bid at .0003 - which has been around for a few weeks - was still there yesterday when momentarily there was no visible bid at .0004. A major portion of it is from a few longs who intend to deny them to 1 to 5-tick flippers.
There may also be hidden additional AON bids at .0003 - these don't show.
There are certainly quite a few hidden AON bids at .0004. I had a few 1M ones and only one has filled so far. In the same timescale, there have been a total of 6 x 2M sells into the bid at .0004 - even when there was next to nothing showing on the bid.
There is no indication that any convertible debt seller is willing to sell at .0003 - the 75M+ bid has been there for weeks now and has not been sold into once.
At present VNDM is happy to wait to sell on the ask at .0005 or perhaps make the odd 2M sell into the bid at .0004.
People who pick up .0004s on the bid are not putting them on the ask at .0005. Also, a portion of the 22M at .0005 is from one or more indecisive people who have them as day trades and put them up each day when they don't see urgent buying straight out of the gate.
People who want to add 20M keep passing up the opportunity at .0005 when the price difference between .0004 and .0005 is negligible. In due course they will probably regret that as I have been saying for a few weeks now.
$REDG looking better than ever right now with the 3 distinct revenue streams all on line. Also, the fact that POW Folio will be earning ad revenue from world-wide viewing - particularly in Asia - is huge.
$,$$$,$$$ REDG $,$$$,$$$
The 76M bid at .0003 - which has been around for a few weeks - was still there yesterday when momentarily there was no visible bid at .0004. A major portion of it is from a few longs who intend to deny them to 1 to 5-tick flippers.
There may also be hidden additional AON bids at .0003 - these don't show.
There are certainly quite a few hidden AON bids at .0004. I had a few 1M ones and only one has filled so far. In the same timescale, there have been a total of 6 x 2M sells into the bid at .0004 - even when there was next to nothing showing on the bid.
There is no indication that any convertible debt seller is willing to sell at .0003 - the 75M+ bid has been there for weeks now and has not been sold into once.
At present VNDM is happy to wait to sell on the ask at .0005 or perhaps make the odd 2M sell into the bid at .0004.
People who pick up .0004s on the bid are not putting them on the ask at .0005. Also, a portion of the 22M at .0005 is from one or more indecisive people who have them as day trades and put them up each day when they don't see urgent buying straight out of the gate.
People who want to add 20M keep passing up the opportunity at .0005 when the price difference between .0004 and .0005 is negligible. In due course they will probably regret that as I have been saying for a few weeks now.
$REDG looking better than ever right now with the 3 distinct revenue streams all on line. Also, the fact that POW Folio will be earning ad revenue from world-wide viewing - particularly in Asia - is huge.
$,$$$,$$$ REDG $,$$$,$$$
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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.
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