Trading Summary - September 23. Another day of
Post# of 2840
(Total Views: 271)
Posted On: 09/23/2019 5:09:51 PM
Trading Summary - September 23.
Another day of excellent further progress for $OTTV today.
The TA updated the Verified Company Profile after the close on Friday September 20, 2019 showing no change.
Most importantly, the Total O/S remained at 119M and the Unrestricted O/S remained at 115M. This is the figure that is important to actual traders.
iHub basher / scammers kept trying to refer the A/S which is totally irrelevant to current and medium term trading. They were ignored and effectively shut down and rendered irrelevant - with top traders mainly boycotting that non-influential board and using the relevant Skype rooms and associated social media.
As predicted on Friday when the .0099s were almost bought out, $OTTV gapped up at the open today with buys on the ask at .0100 and above.
A firm .0100+ break was achieved with ease and - as expected - the stock was very thin to the upside.
The hod of .0149 - up 50% - was achieved in only 11 minutes on about 2.1M traded.
Thereafter, a few attempts were made to hold the upward progress up - to allow shorts to cover - by undercutting the ask and making a few small shorted sells of 10,000 into the bid - for instance at .01272 at 10:31:01.
Most of the undercut asks were bought out decisively - for instance 320,000 at .0135 at 12:12:27 and 71,428 at .0140 at 15:06:47 - and another 2.9M were loaded in the process..
Around this time, top traders had multiple other running / reloading stocks to attend to - including $CDIX $GTEH $MFST and $APRU.
There was subsequently some nickle and diming of undercut asks around .0126 but nothing of significance was being offered under the hod of .0149 by the close.
5.099M shares were loaded today - mostly buys on the ask - in the price range .0100 > .0149 as accumulation off the bottom gathers pace.
By comparison, on September 20, 1.633M shares were loaded today in the price range .0084 > .0099.
Items below the line unchanged since last update:
Top traders who network by other means and deliberately boycott iHub most of the time - because it is a waste of our time to debunk basher / scammer nonsense on a marginalized board long since rendered irrelevant - are now ready to get $OTTV moved up to the .0200+ range for starters.
We have also started posting accurate information on iHub - for instance pointing out that the Authorized Shares count is of no relevance whatsoever to actual trading of a stock and its ability to make huge moves when efforts are concentrated on it.
It is the Unrestricted Outstanding Shares count that is - and $OTTV is exceptionally thin at only 115M shares.
Ahead we have multiple updates known to be coming from the company on BLU phones and various deals under negotiation.
As we have seen over the past few days, expect moves to be dramatic now $OTTV is on the radar of a number of top OTC traders with networks of their own.
The last run from .0100 was to .0250 but we have of course been much higher this year [.2000 > .2400] and I certainly expect to see .1000+ again in 2019.
Another day of excellent further progress for $OTTV today.
The TA updated the Verified Company Profile after the close on Friday September 20, 2019 showing no change.
Most importantly, the Total O/S remained at 119M and the Unrestricted O/S remained at 115M. This is the figure that is important to actual traders.
iHub basher / scammers kept trying to refer the A/S which is totally irrelevant to current and medium term trading. They were ignored and effectively shut down and rendered irrelevant - with top traders mainly boycotting that non-influential board and using the relevant Skype rooms and associated social media.
As predicted on Friday when the .0099s were almost bought out, $OTTV gapped up at the open today with buys on the ask at .0100 and above.
A firm .0100+ break was achieved with ease and - as expected - the stock was very thin to the upside.
The hod of .0149 - up 50% - was achieved in only 11 minutes on about 2.1M traded.
Thereafter, a few attempts were made to hold the upward progress up - to allow shorts to cover - by undercutting the ask and making a few small shorted sells of 10,000 into the bid - for instance at .01272 at 10:31:01.
Most of the undercut asks were bought out decisively - for instance 320,000 at .0135 at 12:12:27 and 71,428 at .0140 at 15:06:47 - and another 2.9M were loaded in the process..
Around this time, top traders had multiple other running / reloading stocks to attend to - including $CDIX $GTEH $MFST and $APRU.
There was subsequently some nickle and diming of undercut asks around .0126 but nothing of significance was being offered under the hod of .0149 by the close.
5.099M shares were loaded today - mostly buys on the ask - in the price range .0100 > .0149 as accumulation off the bottom gathers pace.
By comparison, on September 20, 1.633M shares were loaded today in the price range .0084 > .0099.
Items below the line unchanged since last update:
Top traders who network by other means and deliberately boycott iHub most of the time - because it is a waste of our time to debunk basher / scammer nonsense on a marginalized board long since rendered irrelevant - are now ready to get $OTTV moved up to the .0200+ range for starters.
We have also started posting accurate information on iHub - for instance pointing out that the Authorized Shares count is of no relevance whatsoever to actual trading of a stock and its ability to make huge moves when efforts are concentrated on it.
It is the Unrestricted Outstanding Shares count that is - and $OTTV is exceptionally thin at only 115M shares.
Ahead we have multiple updates known to be coming from the company on BLU phones and various deals under negotiation.
As we have seen over the past few days, expect moves to be dramatic now $OTTV is on the radar of a number of top OTC traders with networks of their own.
The last run from .0100 was to .0250 but we have of course been much higher this year [.2000 > .2400] and I certainly expect to see .1000+ again in 2019.
(2)
(0)Viva Entertainment Group, Inc. (OTTV) Stock Research Links
"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.