Trading Summary - September 26. An excellent da
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(Total Views: 191)
Posted On: 09/26/2019 4:27:53 PM
Trading Summary - September 26.
An excellent day for $OTTV - playing out exactly as predicted yesterday and at the open today.
From the outset, several of the repeat long traders of $OTTV were maintaining bids in depth at higher prices than yesterday.
Initially, the bad duo of MMs ARCA + OLMN were absent on the first ask - OLMN disappeared completely and ARCA had retreated all the way to .0110.
Subsequently, as the .0100+ break became imminent - OLMN reappeared and with ARCA tried pushing down again.
The various steps up to the .0110+ breakout and starting of the .0120 were recorded contemporaneously in earlier posts.
Despite most top traders who follow my Watch List or their own priorities spending time on $CDIX and $APRU, it was possible to restrict the activities of ARCA and OLMN by teaching them a lesson or three by taking their hold back ask at unexpected times.
By the close, they had walked down to .0113 - but with only 2 x 44K shares - and the whale bid was maintained and increased to 184K at .0106 - which was not whacked by any low level profit takers since those looking for a move back to .0149 of Monday were clearly the main buyers in the .0080 > .0103 range during the manipulation down period.
Overall, 1.6M shares were bought today which - with the 1.6M and 1.9M bought over the previous 2 days - means that exactly 100% 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 took the additional amount I wanted under .0100 by the initial 120K ask hit on the ARCA + OLMN duo which exposed the fact they couldn't fill the order and would retreat.
In the Trading Summary for yesterday I wrote:
"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."
and that is exactly what happened.
I also wrote:
"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.
and that proved correct as well with everything that was offered in the .0108 > .0110 range disappearing very quickly.
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 7.5 hours to go - compared to 1,440+views here yesterday when there were 5 hours to go until midnight..
Almost nothing is being offered under .0150 - watch for the next leg .0150 > .0200+ tomorrow or next week.
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).
An excellent day for $OTTV - playing out exactly as predicted yesterday and at the open today.
From the outset, several of the repeat long traders of $OTTV were maintaining bids in depth at higher prices than yesterday.
Initially, the bad duo of MMs ARCA + OLMN were absent on the first ask - OLMN disappeared completely and ARCA had retreated all the way to .0110.
Subsequently, as the .0100+ break became imminent - OLMN reappeared and with ARCA tried pushing down again.
The various steps up to the .0110+ breakout and starting of the .0120 were recorded contemporaneously in earlier posts.
Despite most top traders who follow my Watch List or their own priorities spending time on $CDIX and $APRU, it was possible to restrict the activities of ARCA and OLMN by teaching them a lesson or three by taking their hold back ask at unexpected times.
By the close, they had walked down to .0113 - but with only 2 x 44K shares - and the whale bid was maintained and increased to 184K at .0106 - which was not whacked by any low level profit takers since those looking for a move back to .0149 of Monday were clearly the main buyers in the .0080 > .0103 range during the manipulation down period.
Overall, 1.6M shares were bought today which - with the 1.6M and 1.9M bought over the previous 2 days - means that exactly 100% 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 took the additional amount I wanted under .0100 by the initial 120K ask hit on the ARCA + OLMN duo which exposed the fact they couldn't fill the order and would retreat.
In the Trading Summary for yesterday I wrote:
"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."
and that is exactly what happened.
I also wrote:
"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.
and that proved correct as well with everything that was offered in the .0108 > .0110 range disappearing very quickly.
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 7.5 hours to go - compared to 1,440+views here yesterday when there were 5 hours to go until midnight..
Almost nothing is being offered under .0150 - watch for the next leg .0150 > .0200+ tomorrow or next week.
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)
(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.