Ask at .0002 reduced again today - 217M. Much o
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Posted On: 02/23/2018 9:58:48 AM
Ask at .0002 reduced again today - 217M.
Much of it is put up as day trades by those trying - unsuccessfully - to get .0001s.
The amounts under the various MMs are significantly different each day.
Those doing it are putting their .0001s at risk as it is not uncommon to see buys of 100M per second on stocks in this price range this year (as in 2017) especially when the bid:ask ration is 3:1 with those bidding are watching all the time and willing to hit the ask at the next 2 levels to get a run going (with or without updates).
Much of it is put up as day trades by those trying - unsuccessfully - to get .0001s.
The amounts under the various MMs are significantly different each day.
Those doing it are putting their .0001s at risk as it is not uncommon to see buys of 100M per second on stocks in this price range this year (as in 2017) especially when the bid:ask ration is 3:1 with those bidding are watching all the time and willing to hit the ask at the next 2 levels to get a run going (with or without updates).
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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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