Trading Summary - June 14. No bids filled at .0
Post# of 4905
No bids filled at .0003 today.
Large bidders turned up as anticipated - peaked at 78M visible before some of the larger orders were hidden AON to prevent partial fills from small paint downs by bashers shorting (which wasn't attempted in the event).
An attempt was made to dupe people by stacking an extra 10M (82M) on the ask - cancelled after an hour.
Of the 72M on the ask, 61M was originally from those who were trying to get out for a loss - 42M of that is from indecisive seller(s) from NITE who wait every day at the open before putting it up. There could be as little as 11M at .0004 that people actually want to sell if there was to be a rapid move up.
245K bought on the ask at .0004.
295M loaded at .0003 since May 25.
Sooner or later traders will realise they have to hit the ask to get in before the next run.
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A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.