Trading Summary - October 4. For the 5th day ru
Post# of 2840
For the 5th day running, one or two clueless plonkers left sell orders up at the open - even though OLMN + ARCA were way up above .0140 or absent.
Yesterday, I stated that the funds on the bid in the .0082 >.0085 range by the close were sufficient to get the .0100+ break when applied to the ask - and that proved to be correct.
As reported contemporaneously, whilst most top OTC traders were busy elsewhere catching up on developments on $SUTI and loading it, on $OTTV the undercut asks under .0100 were taken out and ARCA and OLMN retreated to .0123 behind an ask at .0119 which was then started.
Again, the plonkers undercut the ask repeatedly with ARCA + OLMN joining them again below .0100.
Overall, 593,996 shares were bought today - mostly on the ask - at higher prices than yesterday - in the range .0083 to .0119.
An example of the ongoing scam attempts by the iHub bashers to get cheap shares was the short for 22 shares at .008964 after the .0119s hard started.
Remember that a company update is coming 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.
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%.
Reminder of how to beat the MM algorithm:
- Do not put sell orders on the ask until the stock is actually moving relatively quickly.
- Do not undercut the ask that ARCA + OLMN are on.
- Do outbid ARCA + OLMN - if they move up, keep outbidding them until they stop moving up.
- Set a buy order - large enough to buy everything at the next 2 or 3 price points - set at the highest price. Watch to see if ARCA + OLMN fold their hold back attempt without completely filling you order - they should retreat up as well and may disappear altogether.
- Keep momentum up with additional ask hits.
The iHub basher morons are being left to speak to themselves - with #boycottiHub still in force whilst loading is still in progress at the bargain prices under .0110 for the next leg into the .1500 > .0200 range.
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.