Trading Summary / Outlook - September 10. A sat
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Posted On: 09/10/2020 6:14:24 PM
Trading Summary / Outlook - September 10.
A satisfactory status quo day for $SKDI - despite many top traders having to also pay attention to significant moves elsewhere by Watch List stocks $EGOC $CBDD $BLLB and reload opportunities on $VYST $TTCM $GTEH.
Again, people failed to cancel left over asks before the open .
So, long-term traders of $SKDI were again 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.
All significant action was reported in earlier contemporaneous posts.
This included:
- Gap up to .0085 then undercut ask .0084s bought out.
- Large fake asks either cancelled or bought out at every level.
- A blatant shorting attempt set at .0062 - which won't be allowed to happen again as at least 2 x top traders of $SKDI are going to leave bids in depth over a significant range.
All the above could have been avoided if asks had been cancelled before the open and asks hit.
Also, $IJJP continues to suck a huge amount of cash out of the OTC market for no valid reason - with large opposing groups of pumpers vs paid bashers - trading 137M - the equivalent to 35M being used to hit the ask on $SKDI which would probably get it into the .05 > .1 range.
It's just a matter of time before people wise up - the higher we get $SKDI before they do the better.
There was an after hours T-trade for 2.4M at .0073.
I believe there is a continuing element of pre-arranged transfers from legacy convertible debt holders - over which the company has no control - and institutional buyers.
Overall, 11.2M shares were traded today.
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.
A satisfactory status quo day for $SKDI - despite many top traders having to also pay attention to significant moves elsewhere by Watch List stocks $EGOC $CBDD $BLLB and reload opportunities on $VYST $TTCM $GTEH.
Again, people failed to cancel left over asks before the open .
So, long-term traders of $SKDI were again 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.
All significant action was reported in earlier contemporaneous posts.
This included:
- Gap up to .0085 then undercut ask .0084s bought out.
- Large fake asks either cancelled or bought out at every level.
- A blatant shorting attempt set at .0062 - which won't be allowed to happen again as at least 2 x top traders of $SKDI are going to leave bids in depth over a significant range.
All the above could have been avoided if asks had been cancelled before the open and asks hit.
Also, $IJJP continues to suck a huge amount of cash out of the OTC market for no valid reason - with large opposing groups of pumpers vs paid bashers - trading 137M - the equivalent to 35M being used to hit the ask on $SKDI which would probably get it into the .05 > .1 range.
It's just a matter of time before people wise up - the higher we get $SKDI before they do the better.
There was an after hours T-trade for 2.4M at .0073.
I believe there is a continuing element of pre-arranged transfers from legacy convertible debt holders - over which the company has no control - and institutional buyers.
Overall, 11.2M shares were traded today.
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.
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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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