Trading Summary - July 22. A dramatic day today
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Posted On: 07/22/2021 7:15:25 PM
Trading Summary - July 22.
A dramatic day today for $INCC - with news that the deal to acquire the $150M company SoundTech AI coming much earlier than expected about an hour before the close.
At the open, yet again incompetent traders failed to cancel their left over ask orders from yesterday and the scammers took the initiative to try and take the price down with very little success.
One of the scammers tried blocking the upwards movement initially with a fake wall at .0048 then walking down to .0043 - with other inexperienced small holders undercutting her / him.
Then the news came out, and the first top traders to spot it took out everything .0043 to .0048 with large hail mary buys.
By the time I had prepared an alert to that affect, the price was already at the hod of .0056.
There followed some weak hearted attempts to walk it down for a reload in the .0048 > .0055 with only limited success - closing with the walked down ask at .0050 almost bought out.
The largest bid seen before funds were used on hitting the ask across multiple price points was over $150K.
All the main steps in today's trading were covered in contemporaneous earlier posts on the main board here.
Overall, 1.196B shares were traded today - 1.75 x the 684M shares that were traded yesterday - in the range .0039 > .0056 - compared to .0033 > .0049 on July 21 and .0031 > .0037 on July 20.
For those traders who think $INCC will eventually break .01+ - and I do - there was no excuse for not making good money all day whilst always having some shares for a breakout to .01+ > .02+ at any time.
The CEO's latest podcast came out on June 2:
https://wallstreetanalyzer.com/2021/06/02/inc...pink-incc/
The company announced a new Twitter account for shareholders to monitor for updates:
https://twitter.com/INCCinfo
There were have been several updates recently - see earlier posts + company Twitter.
Watch out for further developments on Twitter and future PRs regarding acquisitions, distribution deals, product rollouts and uplisting.
Latest completely revised DD here - updated July 17, 2021:
https://investorshangout.com/post/view?id=6188216
A dramatic day today for $INCC - with news that the deal to acquire the $150M company SoundTech AI coming much earlier than expected about an hour before the close.
At the open, yet again incompetent traders failed to cancel their left over ask orders from yesterday and the scammers took the initiative to try and take the price down with very little success.
One of the scammers tried blocking the upwards movement initially with a fake wall at .0048 then walking down to .0043 - with other inexperienced small holders undercutting her / him.
Then the news came out, and the first top traders to spot it took out everything .0043 to .0048 with large hail mary buys.
By the time I had prepared an alert to that affect, the price was already at the hod of .0056.
There followed some weak hearted attempts to walk it down for a reload in the .0048 > .0055 with only limited success - closing with the walked down ask at .0050 almost bought out.
The largest bid seen before funds were used on hitting the ask across multiple price points was over $150K.
All the main steps in today's trading were covered in contemporaneous earlier posts on the main board here.
Overall, 1.196B shares were traded today - 1.75 x the 684M shares that were traded yesterday - in the range .0039 > .0056 - compared to .0033 > .0049 on July 21 and .0031 > .0037 on July 20.
For those traders who think $INCC will eventually break .01+ - and I do - there was no excuse for not making good money all day whilst always having some shares for a breakout to .01+ > .02+ at any time.
The CEO's latest podcast came out on June 2:
https://wallstreetanalyzer.com/2021/06/02/inc...pink-incc/
The company announced a new Twitter account for shareholders to monitor for updates:
https://twitter.com/INCCinfo
There were have been several updates recently - see earlier posts + company Twitter.
Watch out for further developments on Twitter and future PRs regarding acquisitions, distribution deals, product rollouts and uplisting.
Latest completely revised DD here - updated July 17, 2021:
https://investorshangout.com/post/view?id=6188216
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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.