Trading Update - October 29. Paint down of 600
Post# of 4930
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Posted On: 10/29/2018 12:50:28 PM
Trading Update - October 29.
Paint down of 600 shares at .3200 from basher / manipulator who placed order before open (executed at 9:30:04).
Higher bid of 3400 at .3200 (so there had been a bid of 4000at .3200 put in before the open).
790 buy on ask took out the .3250s.
When traders failed to hit the ask again to get up to .4000, 2500 traded at .3200 much later (2 hours 22 minutes after open) - so it is worth bidding if you already have some shares and risking it taking off when you have none.
New bidders unmasked at .2000, .2200 and .2400 by making bid over 2500 and / or non-AON.
Fake 10K ask amount put in at .3300 - then cancelled when nobody filled the .2400 - they didn't want to risk losing that number of shares and being unable to replace them in the .2400 to .3200 range.
Now only 5K at .3275 - I expect that will get cancelled before too long otherwise it will get taken out. - and we will be back to .3400.
Despite all the games, probably only 10K to 20K likely to be offered up under .4000 and the price difference isn't worth bothering about for anyone who doesn't yet have at least 25K to 50K shares to trade above .6000.
Paint down of 600 shares at .3200 from basher / manipulator who placed order before open (executed at 9:30:04).
Higher bid of 3400 at .3200 (so there had been a bid of 4000at .3200 put in before the open).
790 buy on ask took out the .3250s.
When traders failed to hit the ask again to get up to .4000, 2500 traded at .3200 much later (2 hours 22 minutes after open) - so it is worth bidding if you already have some shares and risking it taking off when you have none.
New bidders unmasked at .2000, .2200 and .2400 by making bid over 2500 and / or non-AON.
Fake 10K ask amount put in at .3300 - then cancelled when nobody filled the .2400 - they didn't want to risk losing that number of shares and being unable to replace them in the .2400 to .3200 range.
Now only 5K at .3275 - I expect that will get cancelled before too long otherwise it will get taken out. - and we will be back to .3400.
Despite all the games, probably only 10K to 20K likely to be offered up under .4000 and the price difference isn't worth bothering about for anyone who doesn't yet have at least 25K to 50K shares to trade above .6000.
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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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