Naked shorters split their hold back attempt off t
Post# of 2306
(Total Views: 155)
Posted On: 08/30/2019 1:14:25 PM
Naked shorters split their hold back attempt off the 37K at .1600 and walked 6000 down to .1450.
Clueless morons like "munimi" still don't understand that the main whales in this won't be letting the stock go down any further and will buy anything anyone wants to sell on the bid. They may also hit the ask at anytime - so again the shorter(s) play a dangerous game.
Ask at .1600 reduced from 37K to 10K.
New whale bid of 25K at .1232 - probably from someone trying to buy back for no more than they needlessly sold for over the last few days - outbidding the .1231 - and outbidding the original backstop at .1230 from the 3 traders.
Clueless morons like "munimi" still don't understand that the main whales in this won't be letting the stock go down any further and will buy anything anyone wants to sell on the bid. They may also hit the ask at anytime - so again the shorter(s) play a dangerous game.
Ask at .1600 reduced from 37K to 10K.
New whale bid of 25K at .1232 - probably from someone trying to buy back for no more than they needlessly sold for over the last few days - outbidding the .1231 - and outbidding the original backstop at .1230 from the 3 traders.
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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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