Trading Summary - March 19 Ask at .2500 at ope
Post# of 4419
Ask at .2500 at open - as at close yesterday.
When ask not hit immediately, walked down to .2000 / .1900 as usual.
Paint down at .1076 then possible shorted at .0600 - the highest visible bid at the time.
Threshold for display below .1000 determined to be 10,000 shares or more.
Immediate outbidding by large scale bidders - including one for 50K - from .0650 > .0875 in several stages as recorded contemporaneously in earlier posts.
Scammers then tried walking the .2000 / .1900 asks down in various stages to .1750 / .1730 / .1700 - retreating when hit with roughly the same overall amount offered under .2950.
5,500 bought by hits on the various walked down asks .1700 > .2000.
Overall, 17,325 shares were traded today - the largest single order being the 10K buy at .0600.
The wide opening of the spread now allows a combination of loading for the long-term on the ask at bargain prices when the scammers get tempted to walk down to artificially low levels plus swing trading opportunities by outbidding to buy at very low prices and then wait for the surges ahead on:
- Hemp monetization starting before end-March.
- Filing of financials before end-March.
- PR on the details of the 2020 hemp growing expansion plan.
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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.