Summary - December 17. Another satisfactory st
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Posted On: 12/17/2018 5:31:25 PM
Summary - December 17.
Another satisfactory status quo day for $ECOX on what was an exceptionally busy day elsewhere in the market with 4 stocks from my Watch List either paying out or offering reload opportunities.
On $ECOX, the following was noted:
- Top bid still me with hidden .1501.
- New visible bidder with 5000 at .1500 - above the previous next visible .1100.
- Paint down attempt with shorted 1 share at .1455 - MMs still showing last trade at .2325.
- First ask still 7000 at .2500 (same as Friday).
The artificially low ask of 3572 at .2200 cancelled before the open on Friday did not reappear.
Expect continued games for the remainder of 2018 with traders jockeying for position to pick up any shares they can in the .1501 to .3000 range from those that are impatient. We can also expect the iHub basher morons to be in the mix again as they always are on the low float / low volume stocks at year end.
Content below unchanged and still valid:
The waiting game continues for $ECOX. Realistically it would make sense for the company to not start the PR campaign until the 2019 now. In the meantime, the President has now hired an Executive Assistant (posted on otcmarkets.com).
Most whale traders in my tier will already have a $6-figure tax bill for 2018 and usually bid sit through to year-end on the higher price stocks over .1000 to absorb any cheap shares from the impatient who want to take a tax loss. I'll be bidding at various levels and also taking any ask I see that makes sense in my overall pyramid of holdings - thick at the bottom - thin at the top.
In the meantime, there is plenty going on elsewhere to keep Watch List followers occupied.
Another satisfactory status quo day for $ECOX on what was an exceptionally busy day elsewhere in the market with 4 stocks from my Watch List either paying out or offering reload opportunities.
On $ECOX, the following was noted:
- Top bid still me with hidden .1501.
- New visible bidder with 5000 at .1500 - above the previous next visible .1100.
- Paint down attempt with shorted 1 share at .1455 - MMs still showing last trade at .2325.
- First ask still 7000 at .2500 (same as Friday).
The artificially low ask of 3572 at .2200 cancelled before the open on Friday did not reappear.
Expect continued games for the remainder of 2018 with traders jockeying for position to pick up any shares they can in the .1501 to .3000 range from those that are impatient. We can also expect the iHub basher morons to be in the mix again as they always are on the low float / low volume stocks at year end.
Content below unchanged and still valid:
The waiting game continues for $ECOX. Realistically it would make sense for the company to not start the PR campaign until the 2019 now. In the meantime, the President has now hired an Executive Assistant (posted on otcmarkets.com).
Most whale traders in my tier will already have a $6-figure tax bill for 2018 and usually bid sit through to year-end on the higher price stocks over .1000 to absorb any cheap shares from the impatient who want to take a tax loss. I'll be bidding at various levels and also taking any ask I see that makes sense in my overall pyramid of holdings - thick at the bottom - thin at the top.
In the meantime, there is plenty going on elsewhere to keep Watch List followers occupied.
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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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