Yet again, a few people who don't know how to trad
Post# of 692
Posted On: 08/24/2016 4:42:08 PM
Yet again, a few people who don't know how to trade, and / or don't know how to interpret a Level 2 properly, ruined the .0040 breakout that had already started by selfishly putting up mickey mouse amounts for a few ticks undercutting the ask in sequence from .0038>.0033 - which in turn led to a few people panicking, the most extreme of which was someone selling a 1M at .0030 when .0040s had been hit only minutes before.
In the final analysis, all that happened today is that manipulators duped weak hands into selling with 17M shares changing hands between .0025> .0040 and PJET closed up 6.45%.
Personally, I'm just sticking with my 500K lotto in the .0030s which are effectively free shares after earlier banked profits, as I have bigger plays (for me) shaping up elsewhere.
In the final analysis, all that happened today is that manipulators duped weak hands into selling with 17M shares changing hands between .0025> .0040 and PJET closed up 6.45%.
Personally, I'm just sticking with my 500K lotto in the .0030s which are effectively free shares after earlier banked profits, as I have bigger plays (for me) shaping up elsewhere.
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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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