Trading Summary / Outlook - September 9. A more
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Posted On: 09/09/2020 4:33:03 PM
Trading Summary / Outlook - September 9.
A more than satisfactory status quo day for $SKDI with a news release before the open - which unfortunately the wider market did not see as yet again the news was not alerted via E*Trade.
Again, people failed to cancel left over asks before the open and so .0080 > .0083 had to be bought out.
A fake 3M at .0084 was cancelled when the .0084s were started.
Again, with traders failing to hit the ask aggressively enough, long-term traders of $SKDI who were able to see yet more examples of the modus operandi I outlined here:
https://investorshangout.com/post/view?id=5877918
based on detailed observation since November 2019.
Undercut asks were put up at .0083 and bought out.
In the closing minutes, there was a failed shorting attempt set at .0078 - including a contra entry for 2 x 14,725 at .0078 and .0082.
$SKDI closed at hod .0084 with a 60,000 buy through .0083+.0084.
There was an after hours T-trade for 1.1M at .0079.
Overall, 5.5M shares were bought today in the tight range .0078 > .0084 - but with the majority of buys on the ask at .0081 > .0084.
There was no excuse for people not significantly increasing their inventory of shares at a variety of bid and ask prices that will all come in handy for trading on surges when short-term interest joins in - these profits can be used to convert the cost basis of core long-term shares to "free" - and adding to keep cheaper lots as the core.
$SKDI will remain the #1 Top Profit Pick on my Watch List for the whole of 2020 and 2021 and my main priority for trading over the next month at least.
One of the main traders / supporters of $SKD I has stated that he intends to buy 10M shares of $SKDI this week - using profits recovered from other stocks:
"Ok traders..let's make this run this week. BUY BUY BUY..and I don't mean N'Sync!! I personally will be buying 10 million shares, if I can get them filled!!"
https://twitter.com/solarsuntex/status/1303300473726939137
I replied:
"$SKDI You should set a market order for 5M set at .02 and see what happens - then follow it up with another if anyone undercuts the ask. It would be the mother of all hail mary buys - and probably wouldn't get completely filled as the long term share holders know what they have !"
https://twitter.com/adastral_trader/status/13...6651835392
So watch out for those hail mary buys - and don't be slow if you want to add more too !
A more than satisfactory status quo day for $SKDI with a news release before the open - which unfortunately the wider market did not see as yet again the news was not alerted via E*Trade.
Again, people failed to cancel left over asks before the open and so .0080 > .0083 had to be bought out.
A fake 3M at .0084 was cancelled when the .0084s were started.
Again, with traders failing to hit the ask aggressively enough, long-term traders of $SKDI who were able to see yet more examples of the modus operandi I outlined here:
https://investorshangout.com/post/view?id=5877918
based on detailed observation since November 2019.
Undercut asks were put up at .0083 and bought out.
In the closing minutes, there was a failed shorting attempt set at .0078 - including a contra entry for 2 x 14,725 at .0078 and .0082.
$SKDI closed at hod .0084 with a 60,000 buy through .0083+.0084.
There was an after hours T-trade for 1.1M at .0079.
Overall, 5.5M shares were bought today in the tight range .0078 > .0084 - but with the majority of buys on the ask at .0081 > .0084.
There was no excuse for people not significantly increasing their inventory of shares at a variety of bid and ask prices that will all come in handy for trading on surges when short-term interest joins in - these profits can be used to convert the cost basis of core long-term shares to "free" - and adding to keep cheaper lots as the core.
$SKDI will remain the #1 Top Profit Pick on my Watch List for the whole of 2020 and 2021 and my main priority for trading over the next month at least.
One of the main traders / supporters of $SKD I has stated that he intends to buy 10M shares of $SKDI this week - using profits recovered from other stocks:
"Ok traders..let's make this run this week. BUY BUY BUY..and I don't mean N'Sync!! I personally will be buying 10 million shares, if I can get them filled!!"
https://twitter.com/solarsuntex/status/1303300473726939137
I replied:
"$SKDI You should set a market order for 5M set at .02 and see what happens - then follow it up with another if anyone undercuts the ask. It would be the mother of all hail mary buys - and probably wouldn't get completely filled as the long term share holders know what they have !"
https://twitter.com/adastral_trader/status/13...6651835392
So watch out for those hail mary buys - and don't be slow if you want to add more too !
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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.