Trading Summary - February 12. A huge day for $
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Posted On: 02/12/2020 4:36:17 PM
Trading Summary - February 12.
A huge day for $IJJP with the move off the bottom started in dramatic fashion.
As alerted contemporaneously here, the 36M available .0002s were bought out in a single second.
This was spotted immediately by those top OTC traders that have $IJJP on their radar at all times and they alerted via social media and in both Whale Team rooms on telegram and slack.
The immediately available .0003s were bought out within a few minutes as well - with individual buys in the 15M > 30M range in a few seconds - and the .0004s started with about 8M bought.
The instant bid at .0002 was around 36M - rising via a sustained 150M to a peak of 266M and - after an hour or so - former bidders at .0002 started buying undercut ask .0003s.
Overall, 153M shares were traded today - split roughly as follows:
.0002: 36M + 3M later in miscellaneous failed paint down attempts.
.0003: 106M
.0004: 8M
Closed with around 230M in funds on bid at .0002 ready to hit the ask x about 70M left at .0003.
I'll be resetting the counter on the loading off the bottom summary - because it is who got where from the bottom up that matters now.
Fortuitously I already had .0002s and .0003s from end-2019 bought from the impatient.
Given that multiple top OTC traders were known to be buying at .0003 today, I'll be looking to add more over the coming days.
A huge day for $IJJP with the move off the bottom started in dramatic fashion.
As alerted contemporaneously here, the 36M available .0002s were bought out in a single second.
This was spotted immediately by those top OTC traders that have $IJJP on their radar at all times and they alerted via social media and in both Whale Team rooms on telegram and slack.
The immediately available .0003s were bought out within a few minutes as well - with individual buys in the 15M > 30M range in a few seconds - and the .0004s started with about 8M bought.
The instant bid at .0002 was around 36M - rising via a sustained 150M to a peak of 266M and - after an hour or so - former bidders at .0002 started buying undercut ask .0003s.
Overall, 153M shares were traded today - split roughly as follows:
.0002: 36M + 3M later in miscellaneous failed paint down attempts.
.0003: 106M
.0004: 8M
Closed with around 230M in funds on bid at .0002 ready to hit the ask x about 70M left at .0003.
I'll be resetting the counter on the loading off the bottom summary - because it is who got where from the bottom up that matters now.
Fortuitously I already had .0002s and .0003s from end-2019 bought from the impatient.
Given that multiple top OTC traders were known to be buying at .0003 today, I'll be looking to add more over the coming days.
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"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.
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