Trading Summary - October 4. Soon after the ope
Post# of 919
(Total Views: 270)
Posted On: 10/04/2019 5:27:23 PM
Trading Summary - October 4.
Soon after the open, one of the long-term watchers of $SUTI - a fellow top trader in the 600-person Whale Team - spotted an update from the CEO as follows:
"I normally don't like to make predictions or guess completion dates, because no matter how many disclaimers I post, everyone only remembers when we just "blow" by the date and then I'm accused of all kinds of nonsense. However, here I would like to address the fact that we are VERY close, and our investors deserve to know and be rewarded. So, please DON't hold me to it, but I feel that we will have the contract signed this weekend. And I can then post all the PR and disclosures early next week. Why am I excited? Well because out of 3 deals, we just about finishing the second and then # 3."
Almost immediately, the 139M available .0001s were bought out in minutes and the .0002 ask was 399M on initial uptick once all MMs moved up.
Initially, there was a 79M bid at .0001 from those that competed for the last of the .0001s - which rapidly ramped up to 300M+ as reported contemporaneously in earlier posts.
The first serious buy at .0002 was 5M followed by 18M.
Thereafter, once new interest from those who had spotted all the buying on scanners started to turn up, the bid reached a peak of 700M+ - in stages as reported contemporaneously in earlier posts.
Once it became apparent that nobody would get a bid fill at .0001 - in fact there were none whatsoever after the 18M at .0002 buy very early on - the were numerous buys in the 5M > 20M range at .0002 from former bidders at .0001 for the remainder of the day.
Some asks at .0002 were cancelled - there was only 1 x 20M added back on all day (I was keeping a note of all MM amounts left).
Overall, 247M were bought today - 139M at .0001 and then 108M at .0002.
The ask counted down from 399M at .0002 at initial uptick to 292M by the close.
I have made a record of the amount on the ask with each MM at the close to detect any manipulation attempts.
Top traders will remain #boycottihubSUTIboard at present as they network by other means - it is a waste of our time debunking nonsense from jaded bashers there who just moan about their past failures.
However, if I see an overwhelming positive posting presence turning up over the weekend I might add some factual reporting copied from the contemporaneous records here.
Soon after the open, one of the long-term watchers of $SUTI - a fellow top trader in the 600-person Whale Team - spotted an update from the CEO as follows:
"I normally don't like to make predictions or guess completion dates, because no matter how many disclaimers I post, everyone only remembers when we just "blow" by the date and then I'm accused of all kinds of nonsense. However, here I would like to address the fact that we are VERY close, and our investors deserve to know and be rewarded. So, please DON't hold me to it, but I feel that we will have the contract signed this weekend. And I can then post all the PR and disclosures early next week. Why am I excited? Well because out of 3 deals, we just about finishing the second and then # 3."
Almost immediately, the 139M available .0001s were bought out in minutes and the .0002 ask was 399M on initial uptick once all MMs moved up.
Initially, there was a 79M bid at .0001 from those that competed for the last of the .0001s - which rapidly ramped up to 300M+ as reported contemporaneously in earlier posts.
The first serious buy at .0002 was 5M followed by 18M.
Thereafter, once new interest from those who had spotted all the buying on scanners started to turn up, the bid reached a peak of 700M+ - in stages as reported contemporaneously in earlier posts.
Once it became apparent that nobody would get a bid fill at .0001 - in fact there were none whatsoever after the 18M at .0002 buy very early on - the were numerous buys in the 5M > 20M range at .0002 from former bidders at .0001 for the remainder of the day.
Some asks at .0002 were cancelled - there was only 1 x 20M added back on all day (I was keeping a note of all MM amounts left).
Overall, 247M were bought today - 139M at .0001 and then 108M at .0002.
The ask counted down from 399M at .0002 at initial uptick to 292M by the close.
I have made a record of the amount on the ask with each MM at the close to detect any manipulation attempts.
Top traders will remain #boycottihubSUTIboard at present as they network by other means - it is a waste of our time debunking nonsense from jaded bashers there who just moan about their past failures.
However, if I see an overwhelming positive posting presence turning up over the weekend I might add some factual reporting copied from the contemporaneous records here.
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(0)SUTIMCo International, Inc. (SUTI) 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.