Trading Summary - October 14. The fake undercut
Post# of 4930
The fake undercut ask seen at .1000 on October 11 was cancelled before the open as it became evident to the person attempting manipulation that nobody would be duped into selling any significant amount at .1000 or below with all that is ahead.
The manipulator then attempted 2 x paint downs - one for as little as 45 shares - both of which bypassed the higher of my 2 invisible bids (so probably shorted). They were both bought by different invisible bidders (myself + 1) at a price below my top invisible bid.
No other changes on the ask - almost nothing under .6000:
- Only 2 x MMs.
- One at .1646 left by the person who has failed to notice or react to the recent updates.
- One at .2900.
Overall, a further 1,145 shares were loaded today - all at .0751.
Within a day or so, I anticipate that new interest who has been trying bidding for a while at unrealistic low levels will either hit the ask for everything under .3000 - before the serious action starts - or will bid at a realistic level in the .1200 > .1500 range.
Over the weekend, I was too busy writing up major developments on another stock ($TMPS) so only had time to update the DD/ Rolling Brief on $ECOX.
However, I will be watching out for all updates on $ECOX and anything new on subsidiary SHH.
Eco Innovation Group Inc (ECOX) 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.