Looks like one or more limit orders for a total of
Post# of 1782
(Total Views: 398)
Posted On: 02/27/2020 9:26:04 PM
Looks like one or more limit orders for a total of 65M at .0015 ($97.5K) was placed to take out all the suspect low level flippers up to .0013. I believe that is the only way it could have moved so smoothly .0004 > .0013 in so short a time - with nobody having time to react and place orders below that figure.
It then appears that - based on where the few other mini walls were taken out - that further limit orders were placed to get the next 3 legs to .01.
The advantage of that method is that bashers / shorters don't have a chance to whack bids and - if they try to put up a mini wall afterwards - it is easy to work out how much is needed to take them out.
If it had started 10 minutes earlier we could have seen .02 > .05 up today.
Tomorrow should be interesting.
I will be covering the trading action in detail here.
It then appears that - based on where the few other mini walls were taken out - that further limit orders were placed to get the next 3 legs to .01.
The advantage of that method is that bashers / shorters don't have a chance to whack bids and - if they try to put up a mini wall afterwards - it is easy to work out how much is needed to take them out.
If it had started 10 minutes earlier we could have seen .02 > .05 up today.
Tomorrow should be interesting.
I will be covering the trading action in detail here.
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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.