Early Trading - April 12. One of the large-scal
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Posted On: 04/12/2018 10:37:29 AM
Early Trading - April 12.
One of the large-scale, one-tick flip morons who failed to cancel his sell at .0002 yesterday has now changed to putting it up as a day trade and might therefore cancel on a future news day. 109M changed MM from ETRF to CDEL when put up today.
The 60M bought at .0001 came from another one-tick flipper who was previously trying to sell at .0002. 80% of it went to longs as there was a net decrease in ask of 50M.
A few more swings like that - with transfer of shares from opportunistic one-tick flippers who generally become impatient within days / weeks to longs who understand where this company is going and who follow my plan of selling their cheapest share batch last - and we will soon be back at a bid larger than the ask and an ask that is small enough for a few whale longs and new interest to buy out.
One of the large-scale, one-tick flip morons who failed to cancel his sell at .0002 yesterday has now changed to putting it up as a day trade and might therefore cancel on a future news day. 109M changed MM from ETRF to CDEL when put up today.
The 60M bought at .0001 came from another one-tick flipper who was previously trying to sell at .0002. 80% of it went to longs as there was a net decrease in ask of 50M.
A few more swings like that - with transfer of shares from opportunistic one-tick flippers who generally become impatient within days / weeks to longs who understand where this company is going and who follow my plan of selling their cheapest share batch last - and we will soon be back at a bid larger than the ask and an ask that is small enough for a few whale longs and new interest to buy out.
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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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