Trading Summary - August 8. An excellent day fo
Post# of 1782
Posted On: 08/08/2016 4:29:05 PM
Trading Summary - August 8.
An excellent day for $MFST.
A few people who had been fence sitting or on the bid for several days and not picking up any shares finally decided to hit the ask today.
Every time a MM tried to hold the stock back with a token 10K ask, they gave up after getting hit for as little as 4500 and rarely for more than 10K. Sometimes they moved up before they got hit - particularly CFGN who went from .01 (where he had been for days staying away from the ask in the .0080s) to .0110 and then .0160 without risking a single share.
A few flippers who managed to get 100K>500K during the short period $MFST has been below .01 put them up on an the ask undercutting the hod .0110.
Closed at .0104, up 30% from .0080.
$MFST should be extremely thin to .0160 - with perhaps a handful of flippers on the way who will get slapped by the people with deeper pockets who understand where $MFST can go.
If we get another day without the news anticipated this week, we might see a move towards .0160 tomorrow which would make .02+ possible again on the news if it shows substantial progress towards executing a marketing plan. Those of us who have been following every development already know that the TMP website has been launched already but the wider investment community will not necessarily be aware until there is a PR.
The main basher on iHub ended up getting all his posts from the last 4 hours deleted. Nobody is paying any attention to his moronic statements anymore.
An excellent day for $MFST.
A few people who had been fence sitting or on the bid for several days and not picking up any shares finally decided to hit the ask today.
Every time a MM tried to hold the stock back with a token 10K ask, they gave up after getting hit for as little as 4500 and rarely for more than 10K. Sometimes they moved up before they got hit - particularly CFGN who went from .01 (where he had been for days staying away from the ask in the .0080s) to .0110 and then .0160 without risking a single share.
A few flippers who managed to get 100K>500K during the short period $MFST has been below .01 put them up on an the ask undercutting the hod .0110.
Closed at .0104, up 30% from .0080.
$MFST should be extremely thin to .0160 - with perhaps a handful of flippers on the way who will get slapped by the people with deeper pockets who understand where $MFST can go.
If we get another day without the news anticipated this week, we might see a move towards .0160 tomorrow which would make .02+ possible again on the news if it shows substantial progress towards executing a marketing plan. Those of us who have been following every development already know that the TMP website has been launched already but the wider investment community will not necessarily be aware until there is a PR.
The main basher on iHub ended up getting all his posts from the last 4 hours deleted. Nobody is paying any attention to his moronic statements anymore.
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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.