Copy of a post I just made on iHub - a number of c

Copy of a post I just made on iHub - a number of clueless people failed to cancel their undercut asks below .0086 and others are bidding instead of hitting the ask:

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Nothing is holding it down. All that happened is a few clueless people got duped into undercutting the ask at .0086 down to .0074 when MM ARCA moved down - he retreated to .0087 hours ago and they failed to cancel their ask.

There is no dilution now - and none ahead now we are getting a 88% A/S reductions within just several days.

Currently, people are trying to bid rather than hit the ask.

There is probably only about 500K being offered up to .0085 - less if some panicked and got bought out at .0074/.75 earlier.

We may well see a hail mary buy set at .0085 taking out most / all the asks up to .0086 - the 2020 high.

Then we will be in a good position for the next leg up to .01+.

It is unfortunate that another stock had news today - which actually wasn't that impressive - but nevertheless had people chasing it sucking a lot of the cash out of the OTC market.

"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.