Excellent start to the upward move today as update
Post# of 919
185M .0002s bought out in minutes.
.0003s started with 9M and 8M buys.
iHub bashers / needless, impatient loss sellers from the past proved wrong when they claimed the large 200M bid was a spoof. It was left in place and filled and undercut ask .0002s were bought out for 400M+ traded.
Those that were trying to sell for a loss at .0001 all gone now.
Those who bought at .0001 just to get 100% at .0002 gone.
Of course we now have some people who bought at .0002 trying to sell for 50% at .0003 - as is normal with any stock coming off the bottom. Some will cancel when they see large ask slaps from the first to see updates going forward over the coming days, weeks and months.
As seen this morning, you risk losing your shares at the open if you leave them on the ask at the close. I don't think anyone expected nearly 200M to disappear at .0002 in minutes from buy orders placed before the open - they could not cancel their sell orders in time and lost their shares bought at .0001 and then had to be pretty quick to buy back at .0002 when they realized they made a mistake.
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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.