2nd Example of .0001 Ask Stock Running - August 26
Post# of 1674
Posted On: 08/26/2016 4:22:41 PM
2nd Example of .0001 Ask Stock Running - August 26.
In less than 15 minutes today went from .0001 ask to .0003 on 428M volume at that point (only the 32M was from earlier in the day).
Specialists at this end of the market like myself saw a page full of scanner hits as the huge orders went through seconds apart.
Instant 250M+ bid at .0001 on uptick to .0002.
0002 ask not stacked by moronic 1-tick flippers nor .0003 where there was 69M by the time I looked (and at the close).
That's what happens when just a few people are buying 20M/60M/80M at a time and are competing for the last 100M at .0001 and don't get filled.
An instant bid is created by the buy orders that were not filled prior to uptick - - hence why it is important (if you are a big player in the OTC market) to set a buy order for .0002 when trying to buy the last 50M>100M of the .0001s on an uptick otherwise you risk getting left without shares.
The bid quickly increased to 283M .0001 x 69M .0003.
Very few people flipped for 1-tick (or 2). and at the close 506M had been traded and it was 62M .0002 x 64M .0003.
This sort of things happens all the time at the very bottom of the OTC sector - now on average once per week over the last month.
Clearly the people posting on the iHub REDG board are not experienced full-time traders in the .0001>.0050 range or they wouldn't state the type of nonsense they do.
Only a matter of time until it is REDG's turn - whether it's on company updates or by the people who have loaded it..
Worth watching at all times now considering the loading since July 1 (see daily update sticky).
In less than 15 minutes today went from .0001 ask to .0003 on 428M volume at that point (only the 32M was from earlier in the day).
Specialists at this end of the market like myself saw a page full of scanner hits as the huge orders went through seconds apart.
Instant 250M+ bid at .0001 on uptick to .0002.
0002 ask not stacked by moronic 1-tick flippers nor .0003 where there was 69M by the time I looked (and at the close).
That's what happens when just a few people are buying 20M/60M/80M at a time and are competing for the last 100M at .0001 and don't get filled.
An instant bid is created by the buy orders that were not filled prior to uptick - - hence why it is important (if you are a big player in the OTC market) to set a buy order for .0002 when trying to buy the last 50M>100M of the .0001s on an uptick otherwise you risk getting left without shares.
The bid quickly increased to 283M .0001 x 69M .0003.
Very few people flipped for 1-tick (or 2). and at the close 506M had been traded and it was 62M .0002 x 64M .0003.
This sort of things happens all the time at the very bottom of the OTC sector - now on average once per week over the last month.
Clearly the people posting on the iHub REDG board are not experienced full-time traders in the .0001>.0050 range or they wouldn't state the type of nonsense they do.
Only a matter of time until it is REDG's turn - whether it's on company updates or by the people who have loaded it..
Worth watching at all times now considering the loading since July 1 (see daily update sticky).
(1)
(0)Red Giant Entertainment Inc. (REDG) 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.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.