People who chased in the .015 > .0193 - particular
Post# of 1514
Posted On: 08/22/2016 4:13:56 PM
People who chased in the .015 > .0193 - particularly those that were buying 100K>300K amounts - will be in shock right now.
Hard bounce (so far) off around .0091 with most buying in the .0101>.0108 range.
After the deep pockets started running it up to .012 again, an "intimidation wall" of 1.4M was put up at .0120. Subsequently that was walked down to .0110.
The person who put up the intimidation wall of 1.4M is hoping that others will sell for a loss - if he gets bought out he still makes a profit on the wall as that amount could have been picked up in the .0091 > .0105 range.
Amongst all that there was a huge 3.537M buy on the ask at .0117.
Somebody was walking a fake 1.4M wall down to assist further reloading in the last few minutes, in my opinion.
I just have a 75K lotto in 3 x 25K chunks so I will not necessarily be commenting a lot yesterday as I have 3 other runners on at present.
Plenty of opportunity for trading here over the next few days - even if it is only out flipping from the bottom up those that bought huge amounts much higher. Alternatively, if the 1.4M wall isn't there, the deep pockets could run it back to the 10Q release price of .0162 relatively easily if flippers play it cool. It could of course also be manipulated down further.
Lots of different groups in this now at all sorts of price ranges and averages.
Regardless of the financials, there are also supposed to be the various news / merger items coming over the next several weeks.
Hard bounce (so far) off around .0091 with most buying in the .0101>.0108 range.
After the deep pockets started running it up to .012 again, an "intimidation wall" of 1.4M was put up at .0120. Subsequently that was walked down to .0110.
The person who put up the intimidation wall of 1.4M is hoping that others will sell for a loss - if he gets bought out he still makes a profit on the wall as that amount could have been picked up in the .0091 > .0105 range.
Amongst all that there was a huge 3.537M buy on the ask at .0117.
Somebody was walking a fake 1.4M wall down to assist further reloading in the last few minutes, in my opinion.
I just have a 75K lotto in 3 x 25K chunks so I will not necessarily be commenting a lot yesterday as I have 3 other runners on at present.
Plenty of opportunity for trading here over the next few days - even if it is only out flipping from the bottom up those that bought huge amounts much higher. Alternatively, if the 1.4M wall isn't there, the deep pockets could run it back to the 10Q release price of .0162 relatively easily if flippers play it cool. It could of course also be manipulated down further.
Lots of different groups in this now at all sorts of price ranges and averages.
Regardless of the financials, there are also supposed to be the various news / merger items coming over the next several weeks.
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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.