Early Trading - October 11. A moronic low level

Early Trading - October 11.

A moronic low level flipper put his 6M back up at .0007 when there had only been 2M left there and 1M had already been bought in the opening minutes.

Someone picked up 700K on the bid at .0005 - again from a low level flipper selling for peanuts - and promptly put it up at .0007 for just a 2-tick flip.

Part of the 7.5M bid at .0004 moved up to .0005 and a flipper promptly sold into into. Again the person who got it put 1.6M up at .0006 - and the previous flipper who put 700K up at .0007 lowered his ask to .0006. Both were slapped and lost their shares.

Now 3.6M .0006 + 2.8 .0004 x 8.2M .0007.

The person stacking the ask the ask at .0007 with 6M via NITE might want to consider cancelling their order and trade sensibly when the stock is moving - otherwise if they fail to spot the news the instant it comes out they might lose their shares to someone who needs to either cover their short position or average down from their 2015 position.

"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.