For the 3rd time, flippers ruined the momentum sel
Post# of 1001
Posted On: 07/06/2016 1:10:47 PM
For the 3rd time, flippers ruined the momentum selling for one-tick. There was just a 6.5M slap on the ask at .0009 so yet again it is thin to the .0010 breakout.
Volume so far 35M - typically there is a volume of 55M on each good news day.
Eventually, with record revenue updates coming out on a weekly or twice monthly basis, the people flipping for 1 to 2-ticks won't be able to get back in and we will see a run up to a more realistic pps that reflects the value of a multi-$M profit per year company that has been confirmed by today's figures for both June compared to May and for 2Q compared to 1Q.
Volume so far 35M - typically there is a volume of 55M on each good news day.
Eventually, with record revenue updates coming out on a weekly or twice monthly basis, the people flipping for 1 to 2-ticks won't be able to get back in and we will see a run up to a more realistic pps that reflects the value of a multi-$M profit per year company that has been confirmed by today's figures for both June compared to May and for 2Q compared to 1Q.
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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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