12M volume so far - mostly slaps on the ask in the
12M volume so far - mostly slaps on the ask in the .0055>.0067 range.
Low level flippers taking a 20%>30% profit have significantly helped CDEL load shares today. He drops his ask to undercut or equal undercutting flippers and he puts in a large bid a few ticks down and hides it by having a 10K bid above it.
At least once there're out they won't be able to get back in again unless they chase the breakout above .01.
Eventually, one of the larger players here might get fed up with the nonsense and just set a market order for a M or so in the .0080s and that will put a stop to the flipping with mickey mouse amounts. They'll probably wait for the first of the news but they could try to get it running above .01 at any time.
$BTGI is still the main PSG pick and they have just alerted "now in breakout mode - expect major news possibly this week - dilution appears to be finished possibly" (reference to VNDM staying at .02 continuously since he moved up there on Friday).
Bulova Technologies Group Inc. (BTGI) 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.
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