Trading Summary / Outlook - September 11. A les
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Posted On: 09/11/2020 4:44:11 PM
Trading Summary / Outlook - September 11.
A less than satisfactory day for $SKDI with very few traders willing to the hit the ask and playing into the hands of the manipulators by only bidding.
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.
I bought significant quantities on a mixture of both ask hits and bids in depth today - I'm not at all concerned about the price difference between .0066 > .0079.
There was an after hours T-trade for 2.04M 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, 8.1M 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 less than satisfactory day for $SKDI with very few traders willing to the hit the ask and playing into the hands of the manipulators by only bidding.
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.
I bought significant quantities on a mixture of both ask hits and bids in depth today - I'm not at all concerned about the price difference between .0066 > .0079.
There was an after hours T-trade for 2.04M 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, 8.1M 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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