Trading Summary - September 24. From the open,
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Posted On: 09/24/2019 4:47:12 PM
Trading Summary - September 24.
From the open, it was obvious that the cohort of basher / scammers on iHub were determined to try to halt the upward progress of $OTTV.
When traders failed to hit the undercut ask at .0135 aggressively enough - mainly because there were multiple reloading opportunities on others happening concurrently which required constant attention - the scammers kept walking down the ask - as reported contemporaneously.
After a few hours, once reloading of other stocks was complete for the day, traders returned to $OTTV to reload - by a combination of bidding and ask hits when the spread closed to less than 10 ticks - mainly in the .0100 to .0110 range.
By the close, 1.6M had been bought - just under 1/3 of the volume traded on the last run from .0100 to .0149.
Positive posters started returning to iHub in the closing minutes - including some new ones.
We will see whether the scammers try to take $OTTV below .0100 tomorrow - we will be waiting to buy if they do - or whether the thin ask gets bought out - particularly in the .0109 > .0129 range.
Items below the line unchanged since last update:
Top traders 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.
The TA updated the Verified Company Profile after the close on Friday September 20, 2019 showing no change.
The Unrestricted Outstanding Shares count - which is the only one that matters to traders - 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.
From the open, it was obvious that the cohort of basher / scammers on iHub were determined to try to halt the upward progress of $OTTV.
When traders failed to hit the undercut ask at .0135 aggressively enough - mainly because there were multiple reloading opportunities on others happening concurrently which required constant attention - the scammers kept walking down the ask - as reported contemporaneously.
After a few hours, once reloading of other stocks was complete for the day, traders returned to $OTTV to reload - by a combination of bidding and ask hits when the spread closed to less than 10 ticks - mainly in the .0100 to .0110 range.
By the close, 1.6M had been bought - just under 1/3 of the volume traded on the last run from .0100 to .0149.
Positive posters started returning to iHub in the closing minutes - including some new ones.
We will see whether the scammers try to take $OTTV below .0100 tomorrow - we will be waiting to buy if they do - or whether the thin ask gets bought out - particularly in the .0109 > .0129 range.
Items below the line unchanged since last update:
Top traders 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.
The TA updated the Verified Company Profile after the close on Friday September 20, 2019 showing no change.
The Unrestricted Outstanding Shares count - which is the only one that matters to traders - 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.
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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.