Every 1M bought under .0050 nets a $5K profit at .
Post# of 7110
(Total Views: 107)
Posted On: 08/06/2021 12:38:06 PM
Every 1M bought under .0050 nets a $5K profit at .01, $10K profit at .0150 and $15K profit at .02.
I've now already completely replaced the amount I traded on the last 2 runs to .0117 and .0064.
On the last run I only traded 5% of the total volume for the day - I will be increasing my inventory to do a greater percentage on future runs - especially since it will self-evidently be at .02+ again at some point - just on market cap alone for revenue rate already banked in 2021 in the first 7 months.
Remember on the run to .0117, more than 50% of the Unrestricted O/S was traded which - when considered in addition to the shares held by longs waiting for uplisting - led to almost nothing being offered above .0117 and hence why MMs brought it down to shake those who could still get a profit on lots bought with a cost basis from .0040 > .0110.
I've now already completely replaced the amount I traded on the last 2 runs to .0117 and .0064.
On the last run I only traded 5% of the total volume for the day - I will be increasing my inventory to do a greater percentage on future runs - especially since it will self-evidently be at .02+ again at some point - just on market cap alone for revenue rate already banked in 2021 in the first 7 months.
Remember on the run to .0117, more than 50% of the Unrestricted O/S was traded which - when considered in addition to the shares held by longs waiting for uplisting - led to almost nothing being offered above .0117 and hence why MMs brought it down to shake those who could still get a profit on lots bought with a cost basis from .0040 > .0110.
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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.