$MFST obviously has a very low float - as is readi
Post# of 1782
Posted On: 07/25/2016 9:02:37 PM
$MFST obviously has a very low float - as is readily apparent to any experienced trader who understands how to interpret L2 action.
The limited number of shares are changing hands frequently.
Obviously some who got in around .0070>.01 over the last few months probably sold some in the .015>.02 range.
People like me who had some in the .1>.12 range from some months back and didn't bother to average down sold almost certainly some / all when it went to .0243 on July 15.
There was loading around .015 by some who spotted the filing before the PR and they will have sold some above .02.
Most who have sold who understand the potential of the stock have bought back in on the dips - and the relatively large slaps on the ask for a low floater - like the 580K today despite the 14-tick spread - have been easy to spot for anyone watching throughout the trading day.
In addition, it certainly looks to me that there has been some naked shorting and - again as reported by me at the time - some covering by MMs ASCM (now out of the game) and CDEL at least.
There was further evidence today of how few shares are available when it almost went from .0135 > .0178 until a couple of people who didn't know how to interpret L2 undercut the ask in the .014s.
The limited number of shares are changing hands frequently.
Obviously some who got in around .0070>.01 over the last few months probably sold some in the .015>.02 range.
People like me who had some in the .1>.12 range from some months back and didn't bother to average down sold almost certainly some / all when it went to .0243 on July 15.
There was loading around .015 by some who spotted the filing before the PR and they will have sold some above .02.
Most who have sold who understand the potential of the stock have bought back in on the dips - and the relatively large slaps on the ask for a low floater - like the 580K today despite the 14-tick spread - have been easy to spot for anyone watching throughout the trading day.
In addition, it certainly looks to me that there has been some naked shorting and - again as reported by me at the time - some covering by MMs ASCM (now out of the game) and CDEL at least.
There was further evidence today of how few shares are available when it almost went from .0135 > .0178 until a couple of people who didn't know how to interpret L2 undercut the ask in the .014s.
(1)
(0)Medifirst Solutions Inc. (MFST) Stock Research Links
"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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