Copy of a post I made on iHub just now. ---------
Post# of 4929
(Total Views: 158)
Posted On: 07/24/2017 9:20:13 AM
Copy of a post I made on iHub just now.
"$DIGX Trading Update - July 24.
Two of the original whale longs have picked up the majority of the limited number of .0006s that have been traded so far - they also have large bids - both visible and hidden AON - dating back to July 6 > July 11.
Those that ignore the warning I gave on Friday to grab any available .0007s and .0008s whilst they are still there - if interested - are likely to find themselves paying .0009 and .0010 instead.
It is not safe to assume that the whales have all they need under .0011 for the multiple runs likely between now and the 2017 Annual Report due in March 2018 and so a demand versus supply run ahead of the 2017 Q2 due on / around August 15 is very possible. 40M on the ask at .0004 disappeared in seconds / minutes last time - quicker than anyone watching a scanner could react to. The .0005s went within a few more minutes.
Whale longs have bought up a significant element of the 135M .0007s traded so far - by topping up the bid repeatedly and hitting the undercut ask - and most of the 19M traded at .0006 since July 12. That is why there is so little available under .0010 now.
Occasional updates only from me here."
"$DIGX Trading Update - July 24.
Two of the original whale longs have picked up the majority of the limited number of .0006s that have been traded so far - they also have large bids - both visible and hidden AON - dating back to July 6 > July 11.
Those that ignore the warning I gave on Friday to grab any available .0007s and .0008s whilst they are still there - if interested - are likely to find themselves paying .0009 and .0010 instead.
It is not safe to assume that the whales have all they need under .0011 for the multiple runs likely between now and the 2017 Annual Report due in March 2018 and so a demand versus supply run ahead of the 2017 Q2 due on / around August 15 is very possible. 40M on the ask at .0004 disappeared in seconds / minutes last time - quicker than anyone watching a scanner could react to. The .0005s went within a few more minutes.
Whale longs have bought up a significant element of the 135M .0007s traded so far - by topping up the bid repeatedly and hitting the undercut ask - and most of the 19M traded at .0006 since July 12. That is why there is so little available under .0010 now.
Occasional updates only from me here."
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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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