Early Trading - June 6. I see there was a one d
Post# of 174
Posted On: 06/06/2016 12:24:31 PM
Early Trading - June 6.
I see there was a one day promo on this which has been played very well so far - with 75M churned since it first hit .0022 up from the gap up price of .0018.
115M total volume so far.
5M bid put in at .0021 was pulled as soon as it got whacked for just 365K earlier.
VFIN came back down to .0023 but now moved back up to 2.00.
.0023 painted but then undercut again at .0022.
Could be thin to the upside but a lot of people who bought at .0022 will be a little concerned - even if it does move up towards .0030, very few will be able to sell at the next few ticks up.
Not in it myself now but I will be looking to re-enter in the mid-.001xs - or if it does break .0030 on a fast run with no further dilution after those who bought today have sold.
Worth watching going forward, particularly with any new news after recent reappointment of new CEO.
I see there was a one day promo on this which has been played very well so far - with 75M churned since it first hit .0022 up from the gap up price of .0018.
115M total volume so far.
5M bid put in at .0021 was pulled as soon as it got whacked for just 365K earlier.
VFIN came back down to .0023 but now moved back up to 2.00.
.0023 painted but then undercut again at .0022.
Could be thin to the upside but a lot of people who bought at .0022 will be a little concerned - even if it does move up towards .0030, very few will be able to sell at the next few ticks up.
Not in it myself now but I will be looking to re-enter in the mid-.001xs - or if it does break .0030 on a fast run with no further dilution after those who bought today have sold.
Worth watching going forward, particularly with any new news after recent reappointment of new CEO.
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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.