Looks like CDEL still trying to cover a short posi

Looks like CDEL still trying to cover a short position by walking it down with an undercut ask to scare people into selling for a loss into a relatively large waiting bid.

Whenever a trading buddy of mine was outbidding for 100K above .0085 - at .0086 then .0087 then .0088, CDEL would move a 10K bid up to match. he eventually got filled at .0088 at 10:32:48.

CDEL probably got the 200K at 10:33:07 against his token 10K bid.

Same pattern as previous days - eventually there won't be any more people duped into selling by bashers and those with large positions could run it up once fence sitters see they can't get filled on the bid and they have to hit the ask if they want in.

Just a matter of being patient. A handful of slaps could get it up to the .012>.014 range pretty quickly - dependent on how many low level flippers only want 10% rather than 50%>100%.

"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.