I know that. However, the handful of 1>2-tick flip
Post# of 1001
Posted On: 09/15/2016 12:53:00 PM
I know that. However, the handful of 1>2-tick flip morons who bash on iHub then try to pick up 10M>15M at a time during each leak agreement sell of convertible debt selling continue to hold it back in a 3-tick channel.
There has been clear evidence over the last few days that they are getting bought out - as the slaps on the ask at .0005 and .0006 have been getting bigger - many 5M>8M at a time. Sooner or later, they will get left behind and unable to get back in without chasing - then the sort of run we have seen before towards .0020+ will be on.
You can see that as they sell they are bidding at .0004 again. If the buying pressure is kept on, they will be forced to come off the bid at .0004 and hit the ask at .0006>.0008 - if they want to stay in the game - as there will probably only be 15M>30M at each .0001 level to .0010+.
There has been clear evidence over the last few days that they are getting bought out - as the slaps on the ask at .0005 and .0006 have been getting bigger - many 5M>8M at a time. Sooner or later, they will get left behind and unable to get back in without chasing - then the sort of run we have seen before towards .0020+ will be on.
You can see that as they sell they are bidding at .0004 again. If the buying pressure is kept on, they will be forced to come off the bid at .0004 and hit the ask at .0006>.0008 - if they want to stay in the game - as there will probably only be 15M>30M at each .0001 level to .0010+.
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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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