Summary - June 1. Finally, more people paid at
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Posted On: 06/01/2020 7:02:27 PM
Summary - June 1.
Finally, more people paid attention to my comments in the master DD - from my observations since November 2019 - regarding how to defeat the efforts of manipulators and shorts.
- Cancel any left over asks before the open to get the maximum gap up from new interest.
- Hit the ask aggressively from the open to not give the manipulators or any diluters time to walk down an undercut ask.
- Outbid any obvious bid target any shorters appear to be aiming at (by observation of the size of their bid).
- When holdback attempts occur during surges - by undercut asks - hit them aggressively - preferably by hail mary buys - sized suitably and set across as many asks to the upsidi as needed to get back to the hod.
All the above was finally happening again today for the first time since the last run from .0100 to .0159 (high of 2020 so far).
Overall, 53.7M shares were traded today - in the price range .0080 > .0109 - the majority in the .0100 > .0109 range.
Closed at hod .0109.
Expect a gap up at the open - perhaps as high as .0120 if people cancel asks - and it should be relatively thin in the .0110 > .0130 range as very little was bought in that range on the way down.
The Unrestricted O/S - all that matters for immediate trading - is only 165M - so shares likely to me made available under .02 are scarce now and limited to those who might be willing to take a partial profit on a small portion of their overall holding.
DD update to follow.
Finally, more people paid attention to my comments in the master DD - from my observations since November 2019 - regarding how to defeat the efforts of manipulators and shorts.
- Cancel any left over asks before the open to get the maximum gap up from new interest.
- Hit the ask aggressively from the open to not give the manipulators or any diluters time to walk down an undercut ask.
- Outbid any obvious bid target any shorters appear to be aiming at (by observation of the size of their bid).
- When holdback attempts occur during surges - by undercut asks - hit them aggressively - preferably by hail mary buys - sized suitably and set across as many asks to the upsidi as needed to get back to the hod.
All the above was finally happening again today for the first time since the last run from .0100 to .0159 (high of 2020 so far).
Overall, 53.7M shares were traded today - in the price range .0080 > .0109 - the majority in the .0100 > .0109 range.
Closed at hod .0109.
Expect a gap up at the open - perhaps as high as .0120 if people cancel asks - and it should be relatively thin in the .0110 > .0130 range as very little was bought in that range on the way down.
The Unrestricted O/S - all that matters for immediate trading - is only 165M - so shares likely to me made available under .02 are scarce now and limited to those who might be willing to take a partial profit on a small portion of their overall holding.
DD update to follow.
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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.