Trading Update - August 29. Bid increased to 80
Post# of 915
Bid increased to 80M now at .0003.
About 30M was added to the ask Mon+Tue - there had been only 7M remaining at close on Friday.
There have been no significant fills on the bid since the whale bid came in and increased incrementally from 20M > 40M > 50M > 80M now.
1M + 7.5M buys on ask in the opening minutes today - now 27M left.
Only a matter of time before bid sitters who realize they won't fill hit the ask. Only 1/3 of them will get .0004s - remainder will be paying .0005..
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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.