1 or 2 flippers whacked the .0003 bid and created an
1 or 2 flippers whacked the .0003 bid and created an undercut ask of 6M at .0003 which was bought out almost immediately.
Around 60M bought at .0003 and 6M at .0004 so far.
Most people who got .0002s over the past few weeks clearly not trying to flip at .0003 or .0004.
Only 23M at .0004 which could go in a couple of ask slaps.
This is a very early stage in the reactivation of the company - worth maintaining a mental picture of the volume picked up at every price point and how little has been sold.
$IJJP has moved up from .0001>.0004 in a very similar manner to the way VPOR did. That is: under the radar at .0001/2 > more interest > sideline sitting on bid > miss the chance to hit the ask a tick a day for a few days by moving bid up and not getting any > chasing by hitting the ask towards the .0010 breakout > really chasing in the .001xs.
As ever, no guarantees down here but worth watching for a rapid ask count down without getting topped up by potential flippers at any point - particularly on news or when the new website comes up.
1
IJJ Corporation (IJJP) 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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