Alert ! I'm been very familiar with this stock
Post# of 1240
Posted On: 08/25/2016 2:07:24 PM
Alert !
I'm been very familiar with this stock for years and missed the last .0050>.01 loading opportunity.
Traded consistently in the .02>.04 range for 3 months recently.
With each PR I watched people buying 200K>500K above .03 even when there was a 10K hold back attempt right above them.
It was recently brought down by sacrificial selling and / or shorting on August 23 on a 37M volume day .0070 > .0020 - having last been at .04 on July 7.
There was a single significant pick up on the undercut ask at around .0026 - so I expect the group who got that to run this up at some point.
I just have a small lotto amount in the .0039>.0042 range to sell at leisure when it is back in the .02>.04 range in the days / weeks / months ahead.
Worth watching in case those that loaded pay for a promo plus there are some huge bag holders that bought 24M+ in the .03>04 range - 13M of it above .03 - who may eventually want to average down.
I'm been very familiar with this stock for years and missed the last .0050>.01 loading opportunity.
Traded consistently in the .02>.04 range for 3 months recently.
With each PR I watched people buying 200K>500K above .03 even when there was a 10K hold back attempt right above them.
It was recently brought down by sacrificial selling and / or shorting on August 23 on a 37M volume day .0070 > .0020 - having last been at .04 on July 7.
There was a single significant pick up on the undercut ask at around .0026 - so I expect the group who got that to run this up at some point.
I just have a small lotto amount in the .0039>.0042 range to sell at leisure when it is back in the .02>.04 range in the days / weeks / months ahead.
Worth watching in case those that loaded pay for a promo plus there are some huge bag holders that bought 24M+ in the .03>04 range - 13M of it above .03 - who may eventually want to average down.
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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.