Trading Summary - July 26. The usual 1-tick fl
Post# of 1674
Posted On: 07/26/2016 4:11:26 PM
Trading Summary - July 26.
The usual 1-tick flip suspects loaded the ask at .0002 to 284M within a few minutes of the open - the additional 9M there Friday and removed yesterday was also put up for a few hours today then removed again.
The maximum bid was 144M at .0001.
4 x 10M trades at .0001 that did not go to retail bids - bid did not countdown and none added to the ask at .0002 - all picked up by institutional investors.
1.2M more in miscellaneous sells at .0001.
160K in hits on the ask at .0002.
Total volume 41.3M
VFIN still at .0002.
All other convertible debt sellers have remained at .0010 for 15 business days now.
Ask in GTCs at close was 185M.
Going forward, watch for increasing numbers of fence-sitters 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.
25M loaded so far by hitting the ask at .0002 in the last 7 business days since it became obvious that not much was getting picked up at .0001 by normal retail buyers.
Bashing nonsense on iHub continues from the usual suspects hoping to get more .0001s to flip for just 1-tick.
The usual 1-tick flip suspects loaded the ask at .0002 to 284M within a few minutes of the open - the additional 9M there Friday and removed yesterday was also put up for a few hours today then removed again.
The maximum bid was 144M at .0001.
4 x 10M trades at .0001 that did not go to retail bids - bid did not countdown and none added to the ask at .0002 - all picked up by institutional investors.
1.2M more in miscellaneous sells at .0001.
160K in hits on the ask at .0002.
Total volume 41.3M
VFIN still at .0002.
All other convertible debt sellers have remained at .0010 for 15 business days now.
Ask in GTCs at close was 185M.
Going forward, watch for increasing numbers of fence-sitters 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.
25M loaded so far by hitting the ask at .0002 in the last 7 business days since it became obvious that not much was getting picked up at .0001 by normal retail buyers.
Bashing nonsense on iHub continues from the usual suspects hoping to get more .0001s to flip for just 1-tick.
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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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