Trading Summary - July 21. For the second day
Post# of 1674
Posted On: 07/21/2016 4:13:15 PM
Trading Summary - July 21.
For the second day running there was 5M hit on the ask at .0002 in the opening seconds and a 900K hit later.
The only trade at .0001 was a token 350K.
See my earlier post for details of the moronic stacking of the ask by the 1-tick flippers. At least one of the culprits continues to bash non-stop on iHub in an attempt to get further shares at .0001.
VFIN still at .0002 but with a real figure of 5M now - down from .0010 as of 3 days ago.
All other convertible debt sellers have remained at .0010 for 13 business days now.
Ask in GTCs at close was 186M (comparable to levels 2 days ago).
Going forward, watch for increasing numbers of fence-sitters contributing to the 200M+ bid at .0001 to hit the ask at .0002 so as not to get left out when the move happens eventually on revenue confirmation in the weeks, months and quarters ahead.
23.6M loaded so far by hitting the ask at .0002 in the last 4 business days since it became obvious that not much was getting picked up at .0001 by normal retail buyers..
For the second day running there was 5M hit on the ask at .0002 in the opening seconds and a 900K hit later.
The only trade at .0001 was a token 350K.
See my earlier post for details of the moronic stacking of the ask by the 1-tick flippers. At least one of the culprits continues to bash non-stop on iHub in an attempt to get further shares at .0001.
VFIN still at .0002 but with a real figure of 5M now - down from .0010 as of 3 days ago.
All other convertible debt sellers have remained at .0010 for 13 business days now.
Ask in GTCs at close was 186M (comparable to levels 2 days ago).
Going forward, watch for increasing numbers of fence-sitters contributing to the 200M+ bid at .0001 to hit the ask at .0002 so as not to get left out when the move happens eventually on revenue confirmation in the weeks, months and quarters ahead.
23.6M loaded so far by hitting the ask at .0002 in the last 4 business days since it became obvious that not much was getting picked up at .0001 by normal retail buyers..
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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.