Trading Summary - April 5 . Another excellent
Post# of 2840
Another excellent day for trading $OTTV for those that actually trade it rather than opine nonsense. Although some top traders were splitting their time between $VYST and $OTTV, it was nevertheless possible to get a short squeeze going once the tell-tale signs of the hold back attempts by the shorters / bashers / scammers were recognized.
The main points were:
Opened at .0439 - with my bid at .0401 which didn't fill - then an artificially low undercut ask of .0420 being taken out decisively.
Thereafter it was up all the way - mainly with hits on the ask.
Only the most skilled traders managed to get occasional fills on the bid - as you had to spot when to bid above the target that was being painted down to by those trying to hold it back - and also to not be afraid to outbid others at any price that made sense.
Every time manipulation down was attempted by the iHub scammers, they were defeated - a few examples were reported contemporaneously on the main board here to illustrate the sort of things to look for.
The breaks at .0500 / .0600 / .0700 / .0800 were accomplished with relative ease - even more easily than a few days ago.
As anticipated, $OTTV is extremely thin in the .0600 to .1000+ range - and of course above - as most people had been duped to sell for a loss by the constant bashing nonsense on iHub over the past several months.
After the .0800 break, there was only a small hold back attempt at .0850 which was taken out and it was within 20K of getting .0900 up.
However, a further artificially low hold back attempt was made again at .0850 - most of which was bought out but a clueless person whacked the .0800 bid and another undercut the ask too late at .0799.
Overall, $OTTV traded another 1.31M today - more than the 1.25M yesterday and highest for the week.
The cheapest .0302 lots available 2 days ago were up 181% at the .0850 hod. Even the .0420 lots - available to all earlier today on the ask - were up 103% at the hod.
Again top OTC traders proved that iHub has been made irrelevant - especially on any board infested with iHub basher / scammers. The "movers and shakers" of the OTC - those with large social media followings above 500 due to their proven record - all network by other means these days and marginalize amateur forums like iHub by declaring #boycottiHub.
As I stated on Wednesday and Thursday - and it proved correct again today - anyone who can't make money on $OTTV - by being observant, making correct decisions and ignoring irrelevant factors - shouldn't be trading in the OTC or commenting about the stock.
Viva Entertainment Group, Inc. (OTTV) Stock Research Links
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.