Looks like a few sacrificial dumps into the bid by
Post# of 1514
Posted On: 08/19/2016 2:22:54 PM
Looks like a few sacrificial dumps into the bid by people who can still get a (probably) 50%>200% profit and then reload lower.
NITE was absorbing sells with a 10K at .0155 until someone whacked for 123K.
DLNY walks down when NITE moves down - went to .0148.
But then the deep pockets started slapping the ask for 200K at .0155 so DLNY retreated to .04.
Same sort of pattern as at .0045>.0065 just the cash stakes are higher as the slaps are about the same size in both directions.
The games continue !
NITE was absorbing sells with a 10K at .0155 until someone whacked for 123K.
DLNY walks down when NITE moves down - went to .0148.
But then the deep pockets started slapping the ask for 200K at .0155 so DLNY retreated to .04.
Same sort of pattern as at .0045>.0065 just the cash stakes are higher as the slaps are about the same size in both directions.
The games continue !
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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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