Trading Summary - December 9. Several attempts
Post# of 4419
Several attempts at manipulation today to get cheap shares in the .1550 > .2200 range.
First the remaining .2491 visible bid was taken out with a paint down.
Then despite the placement of an invisible bid by me at .2000 - which was painted with just 10 shares - and whale bids in depth at .1600 > .1500, paint downs / shorting at .1600 > .1550 was tried - along with the fake undercut ask being walked down from .2900 to .2600 to .2200 then back up to .2300 by the close.
At least 2 bidders unmasked to become visible at .1500.
Overall, 25,135 shares were bought today - at prices as follows:
.2491: 2,500
.2200: 7,822
.2000: 10
.1550 / .1600: 14,590
All top traders were too busy with multiple other runners on the Watch List today to keep outbidding at multiple levels - we'll just take any ask we like the look of at a time of our choosing. The price difference between .1500 and .2500 is completely irrelevant when the pps gets into the $1 > $2 range in due course.
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A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.