Open - November 1. All the main whale traders i
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Posted On: 11/01/2018 11:49:18 AM
Open - November 1.
All the main whale traders in the OTC are on another of my long-term Watch List picks (PJET) today which has already been up 200% on sufficient volume for anyone to take a partial profit and convert to free shares awaiting further updates and more traders reacting to scanner hits and breakout.
Just like with ECOX and IJJP (likely to be next), all that matters in trading is how thin the share structure is, how thin the stock is to the upside (based on observation and long-term accurate record keeping of vol traded at each price on the way down), and that savvy traders control the cheapest shares.
On ECOX, no change at the open.
No basher paint downs at the open from orders placed before the open.
Ask still just 5000 left at .3275.
Visible bid from one of the ECOX whales of 3470 at .2400 to collect any insignificant basher paint downs.
Likely bidders above at prices in .2500 to .3200 range with less than 2000 so as not visible (also just to accumulate from any paint downs).
Price of entry for any significant amount remains .3275 for first 5000 then .3400 for next 3000.
Only 2 x MM out of 5 offering any shares under .4000.
Long-term followers of ECOX control the majority of shares bought in the .1000 to .3000 range and are happy to wait for the pps to get to the .5000/.6000 range before trading any significant amount.
Thereafter the shares bought by the President of the new company and his funding partner can turn a profit along with the legacy replacements for pre-r/s shares held by others.
All the main whale traders in the OTC are on another of my long-term Watch List picks (PJET) today which has already been up 200% on sufficient volume for anyone to take a partial profit and convert to free shares awaiting further updates and more traders reacting to scanner hits and breakout.
Just like with ECOX and IJJP (likely to be next), all that matters in trading is how thin the share structure is, how thin the stock is to the upside (based on observation and long-term accurate record keeping of vol traded at each price on the way down), and that savvy traders control the cheapest shares.
On ECOX, no change at the open.
No basher paint downs at the open from orders placed before the open.
Ask still just 5000 left at .3275.
Visible bid from one of the ECOX whales of 3470 at .2400 to collect any insignificant basher paint downs.
Likely bidders above at prices in .2500 to .3200 range with less than 2000 so as not visible (also just to accumulate from any paint downs).
Price of entry for any significant amount remains .3275 for first 5000 then .3400 for next 3000.
Only 2 x MM out of 5 offering any shares under .4000.
Long-term followers of ECOX control the majority of shares bought in the .1000 to .3000 range and are happy to wait for the pps to get to the .5000/.6000 range before trading any significant amount.
Thereafter the shares bought by the President of the new company and his funding partner can turn a profit along with the legacy replacements for pre-r/s shares held by others.
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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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