Summary of Trading - March 13. Long-standing bi
Post# of 4334
Long-standing bid of 533M at .0001 at open - with no significant fills in 13 weeks - increased to 633M by those who saw the great acquisition news.
As soon as it was evident that bids would not fill, around 200M .0002s bought out in a few individual seconds across just a few minutes.
Almost instant 320M bid at .0002 from those that had been sideline sitting for too long and failed to hit the ask quickly enough after failing to load when the opportunity was highlighted here over the past 13 weeks.
Soon after, all .0003s on the ask bought out in just a few minutes.
Less than 100M at .0004 on uptick.
Some low level flippers panicked and whacked the relatively small bid of around 80M at .0003 - only one was of any significance at 40M.
A small undercut ask of 50M at .0003 was rapidly bought out.
Around 80M left at .0004 on uptick - balanced by a roughly similar amount at .0003 which was not whacked subsequently.
In the closing minutes, almost all of the remaining .0004s were bought out - none were added as it was counting down.
Closed up 100% .0002 > .0004 (hod) on 833M traded.
Should be much thinner to the upside for the following reasons.
Longs had a 20M bid at .0005 which was the base between all the 100% runs .0005 > .0011 last year. Pretty much everything bought .0006 > .0011 was flipped on each run with cheaper shares being held for the long-term.
When the base at .0005 - which held for 4+ months Spring > Summer 2017 - was bid whacked, almost nobody was bidding at .0003 > .0004 so not much was picked up at those levels on the way down.
It's going to get exciting over the coming months as numerous catalysts are known to be coming in the "new" era with BluDog Products, Stackable Modular Grow House sales, and acquisitions of existing companies with products that want to go public.
International Consolidated Companies, Inc. (INCC) Stock Research Links
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.