Trading Summary - September 25.
From the open, it was obvious that the cohort of basher / scammers on iHub were determined to try not only to halt the upward progress of $OTTV but also walk the price down so that MMs ARCA and OLMN (who possibly pay them) could reload at whatever level they could get.
As reported contemporaneously, there were 3 phases today:
- First, a gap up to .0119 then the ask undercut at .0109. During this phase, more than 693K was bought in the .0100 to .0109 range - mostly around .0100.
- Then ARCA and OLMN controlling the bid - first by pulling it from .0099 back to .0072 then walking it back up in parallel with the top bidder (often me) in stages to .0092 - they wouldn't go to .0095 because they already had their blocking ask at .0098 by this time.
- After a session of cat and mouse games during which it was very difficult to pick up even 100K shares, by outbidding them or hitting the ask across 2 levels, they aggressively started to push down.
Again there were aiming for .0072 but did start moving up again when traders outbid them or hit the ask on a closed up spread.
During the second phase and third phase, most top traders needed to switch over to $CDIX where it appears that a couple of scammers attempted to put out fake news which caused huge trades in the .0041 > .0032 range and then huge buys in the .0033 > .0036 range. They will either be guilty of price manipulation if their news was fake or insider trading if they did indeed contact the company as they claimed before an official announcement was made. In any event, there were immediate reloading opportunities there which diverted attention off $OTTV.
Overall, 1.9M shares were bought today - because for every seller there is a buyer - which with the 1.6M shares bought yesterday - now means that 68% of the 5.1M shares traded during the last run from .0100 to .0149 have been reloaded.
Personally, despite dealing with significant activity on 4 others stocks, I was able to pick up my target of 100K every .001 - at .0100 / .0092 / .0083 as part of my overall pyramid of inventory for trading on runs from the bottom up.
The last significant buy of the day was a 100K ask buy at .0084 when ARCA retreated to .0085 - followed by a small 40K paint down at .0080.
The manipulating MMs will probably continue to offer additional loading opportunities under .0110 - just keep an eye on whether both ARCA and OLMN bracket the bid and ask. At some point, they will be forced to retreat - as they did on September 23, when buying pressure is concentrated again.
Top traders have mostly boycotted iHub now as there aren't enough free posts in a day to debunk the nonsense on what is in any event a totally marginalized board - as evidenced by the 1,440+views here already with over 5 hours to go.
Tomorrow, top traders will probably mostly be on $CDIX again plus there are others tickers moving off the bottom. Just make sure you have enough $OTTV if interested to trade on the net run before it breaks .0110 again.
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 150% run was 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.
We have since of course also had a 50% run from .0100 > .0149 on September 23 (or more if they managed to buy any of the few shares available in the .0050 > .0099 range up to September 20).
From the open, it was obvious that the cohort of basher / scammers on iHub were determined to try not only to halt the upward progress of $OTTV but also walk the price down so that MMs ARCA and OLMN (who possibly pay them) could reload at whatever level they could get.
As reported contemporaneously, there were 3 phases today:
- First, a gap up to .0119 then the ask undercut at .0109. During this phase, more than 693K was bought in the .0100 to .0109 range - mostly around .0100.
- Then ARCA and OLMN controlling the bid - first by pulling it from .0099 back to .0072 then walking it back up in parallel with the top bidder (often me) in stages to .0092 - they wouldn't go to .0095 because they already had their blocking ask at .0098 by this time.
- After a session of cat and mouse games during which it was very difficult to pick up even 100K shares, by outbidding them or hitting the ask across 2 levels, they aggressively started to push down.
Again there were aiming for .0072 but did start moving up again when traders outbid them or hit the ask on a closed up spread.
During the second phase and third phase, most top traders needed to switch over to $CDIX where it appears that a couple of scammers attempted to put out fake news which caused huge trades in the .0041 > .0032 range and then huge buys in the .0033 > .0036 range. They will either be guilty of price manipulation if their news was fake or insider trading if they did indeed contact the company as they claimed before an official announcement was made. In any event, there were immediate reloading opportunities there which diverted attention off $OTTV.
Overall, 1.9M shares were bought today - because for every seller there is a buyer - which with the 1.6M shares bought yesterday - now means that 68% of the 5.1M shares traded during the last run from .0100 to .0149 have been reloaded.
Personally, despite dealing with significant activity on 4 others stocks, I was able to pick up my target of 100K every .001 - at .0100 / .0092 / .0083 as part of my overall pyramid of inventory for trading on runs from the bottom up.
The last significant buy of the day was a 100K ask buy at .0084 when ARCA retreated to .0085 - followed by a small 40K paint down at .0080.
The manipulating MMs will probably continue to offer additional loading opportunities under .0110 - just keep an eye on whether both ARCA and OLMN bracket the bid and ask. At some point, they will be forced to retreat - as they did on September 23, when buying pressure is concentrated again.
Top traders have mostly boycotted iHub now as there aren't enough free posts in a day to debunk the nonsense on what is in any event a totally marginalized board - as evidenced by the 1,440+views here already with over 5 hours to go.
Tomorrow, top traders will probably mostly be on $CDIX again plus there are others tickers moving off the bottom. Just make sure you have enough $OTTV if interested to trade on the net run before it breaks .0110 again.
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 150% run was 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.
We have since of course also had a 50% run from .0100 > .0149 on September 23 (or more if they managed to buy any of the few shares available in the .0050 > .0099 range up to September 20).
2
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.
