Recent Trading. For several months, a few people h
Post# of 1001
Posted On: 08/04/2016 9:26:55 AM
Recent Trading. For several months, a few people have been 1-tick flipping BETS by waiting for the legally restricted convertible debt selling on the bid and then putting it straight on the ask. Notwithstanding that, over the last few days, a few other people have been making relatively large buys on the ask (2M>6M at a time) loading for when financials results are released for each quarter and year end going forward.
Weekly / monthly revenue announcement news is typically good for a 50M+ volume trading day and a 2>3-tick rise - not quite enough to break out of the current .0007>.0011 channel.
Results confirming revenue in the $Ms for a full year should be enough to set off a much larger move.
Weekly / monthly revenue announcement news is typically good for a 50M+ volume trading day and a 2>3-tick rise - not quite enough to break out of the current .0007>.0011 channel.
Results confirming revenue in the $Ms for a full year should be enough to set off a much larger move.
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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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