Early Trading - October 10. 2 x huge T-trades -
Post# of 695
Posted On: 10/10/2016 10:34:17 AM
Early Trading - October 10.
2 x huge T-trades - either short covering or convertible debt sells - one for 20.97M at .0002 and another for 38.95M at .000241.
Neither affected the bid which was subsequently increased to 96M.
When it was noted that none of the shares bought at .0002/.000241 had been added to the ask, a bid sitter hit the ask for 5M.
Some ask also cancelled by 1-tick flippers who got .0002s on Friday.
Now 90M .0002 x 43M .0003.
2 x huge T-trades - either short covering or convertible debt sells - one for 20.97M at .0002 and another for 38.95M at .000241.
Neither affected the bid which was subsequently increased to 96M.
When it was noted that none of the shares bought at .0002/.000241 had been added to the ask, a bid sitter hit the ask for 5M.
Some ask also cancelled by 1-tick flippers who got .0002s on Friday.
Now 90M .0002 x 43M .0003.
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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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