By dilution I actually meant selling of the alread
Post# of 615
(Total Views: 214)
Posted On: 09/12/2018 11:51:42 AM
Re: 0001_Trader #392
By dilution I actually meant selling of the already diluted shares !.
It's annoying that it has clearly been happening at .0001 every time there is a good update once the ask hits at .0002 stop.
Of course an element of selling at .0001 is also people selling for a commission loss as evidenced by the huge reductions we see on the ask from time to time - for instance I remember 500M being cut to 200M.
Like all .0001 > .0009 stocks, it can change on a dime when a few traders who typically buy 50M > 200M each decide to move it up and trade sensible by taking a little profit on the move over several ticks rather than stacking it like the clueless iHub mentality people do.
It's annoying that it has clearly been happening at .0001 every time there is a good update once the ask hits at .0002 stop.
Of course an element of selling at .0001 is also people selling for a commission loss as evidenced by the huge reductions we see on the ask from time to time - for instance I remember 500M being cut to 200M.
Like all .0001 > .0009 stocks, it can change on a dime when a few traders who typically buy 50M > 200M each decide to move it up and trade sensible by taking a little profit on the move over several ticks rather than stacking it like the clueless iHub mentality people do.
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A very apposite motto for those who trade successfully in the OTC market..
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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.