Trading Summary - October 1. For the second day
Post# of 2840
For the second day running, one or two clueless people tried undercutting the bad MM duo OLMN + ARCA who were trying to hold the stock back with 2 x 52K at .0113.
This resulted in OLMN + ARCA walking down to .0097.
Along the way, at least 2 of the repeat traders of $OTTV (including myself) diverted back from trading others to add in the .0091 > .0101 range.
At one stage, OLMN + ARCA had tried getting buys on bid at .0075 but were successfully walked all the way up to .0095 [as reported contemporaneously].
By the close, they were attempting to get a fill at .0086 but were unsuccessful - having been outbid by several traders all day.
The iHub basher morons returned in force - not only repeating the same tired old nonsense about the stock but also nonsense in general and there was some success in getting a number of their posts deleted.
They were deliberately ignored and top traders are going to leave that board marginalized and irrelevant. They probably only duped a couple of people to sell today which was of course of benefit to those that bought from them at lower than expected prices.
Ask hits against OLMN + ARCA are likely to get $OTTV back to .0110 relatively easily.
Overall, 798K shares were bought today - enabling both increased loading for the next leg .0150 to .0250 and / or replacement of any shares traded at the peak today when the MM games started.
The reduced volume from yesterday's (1.8M) is an indication that very few were duped to sell for a loss and most of the top traders already have what they need at current price levels for the next leg up.
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.
Almost nothing is being offered under .0150 - watch for the next leg .0150 > .0200+ at any time.
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) and the run on September 27 from .0080 (mainly .0094 / .0100) to .0134 for around 33%.
Viva Entertainment Group, Inc. (OTTV) Stock Research Links
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.