In my view, the individuals / groups who wanted to
Post# of 1674
Posted On: 09/16/2016 9:34:57 AM
In my view, the individuals / groups who wanted to load large amounts - ready for when it runs on financial results eventually end-2016 / in 2017 or to run it up themselves by buying .0002s when they are ready - have already done so. They did that when a MM was still selling convertible debt.
Now, the buying is by people who want a lotto or by longs who want more. However, 8 other stocks have run up from an .0001 ask in the last several weeks so there is competition for funds on any given day at the bottom end of the OTC market and full-time traders with scanners can wait for the last of the .0001 or will take the .0002s when it starts to move in the days, weeks or months ahead.
Now, the buying is by people who want a lotto or by longs who want more. However, 8 other stocks have run up from an .0001 ask in the last several weeks so there is competition for funds on any given day at the bottom end of the OTC market and full-time traders with scanners can wait for the last of the .0001 or will take the .0002s when it starts to move in the days, weeks or months ahead.
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(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.
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