Trading Summary - August 18.
61M in hits on the ask at .0001 / .000099 - of which 19.3M were at .000099.
This included hits of 17M, 15M, 7.3M and 5M.
CSTI and CDEL were bought out - VFIN reduced his ask to a token 10K.
Ask at .0002 now 365M - only 19M more than the 346M it was before $REDG went to .0001 on the ask 6 days ago - despite the loading at .0001 (last hour today not observed).
The difference is believed to be from the 1-tick bashers / flippers.
689M loaded in the last 6 days.
2.859B loaded by big players since July 1 - and they're not looking for 1-tick.
I wasn't watching all day as I was trading a huge runner which was a prime example of how low level flippers - who had been acting like morons for about a week - holding up a big breakout by trading mickey mouse amounts for 10%>25% - got slapped hard by the big boys and were left in the dust unable to get back in without chasing a further 50%>100% when the stock closed 115% up on a solid breakout from .0065>.0108 closing at .0101. They ignored the warning signs, the Level 2 action and IH commentary, and failed to maintain a mental record of what volume had been bought at what level and hadn't been sold.
Always be alert in the sub .01 sector of the OTC market - and even more so at the very bottom.
61M in hits on the ask at .0001 / .000099 - of which 19.3M were at .000099.
This included hits of 17M, 15M, 7.3M and 5M.
CSTI and CDEL were bought out - VFIN reduced his ask to a token 10K.
Ask at .0002 now 365M - only 19M more than the 346M it was before $REDG went to .0001 on the ask 6 days ago - despite the loading at .0001 (last hour today not observed).
The difference is believed to be from the 1-tick bashers / flippers.
689M loaded in the last 6 days.
2.859B loaded by big players since July 1 - and they're not looking for 1-tick.
I wasn't watching all day as I was trading a huge runner which was a prime example of how low level flippers - who had been acting like morons for about a week - holding up a big breakout by trading mickey mouse amounts for 10%>25% - got slapped hard by the big boys and were left in the dust unable to get back in without chasing a further 50%>100% when the stock closed 115% up on a solid breakout from .0065>.0108 closing at .0101. They ignored the warning signs, the Level 2 action and IH commentary, and failed to maintain a mental record of what volume had been bought at what level and hadn't been sold.
Always be alert in the sub .01 sector of the OTC market - and even more so at the very bottom.
Red Giant Entertainment Inc. (REDG) 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.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
