Short Summary - October 25. A satisfactory stat
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Posted On: 10/25/2022 4:08:39 PM
Short Summary - October 25.
A satisfactory status quo day at .0004 x .0005 - especially considering the majority of the OTC was quiet with many traders put off by losing money continually on the high dilution 10 Billion to 500 Billion O/S tickers and taking a break.
With people failing to hit the ask aggressively at .0005 at the open, there was just 201K bought on the ask at .0005.
The ask at .0005 was stacked to 51M again shortly after the open.
At the close the figure was 19M when day trades cancelled out (same as yesterday).
Latest DD updated October 23:
https://investorshangout.com/post/view?id=6488563
2022 Revenue for Weeks 1-42 is now $9.549M [before any returns / voided sales]
2022 will easily beat 2021 which was $10.001M.
2022 Q3 was $3.166M in 13 weeks.
2022 Q4 - usually the best Q with Christmas buying - is already $0.635M in 3 weeks with 10 weeks still to go.
Week 43 is off to a good start - despite a smaller inventory being offered - with more potential bidding war items already into the $2,000 > $3,750 range than usual and a large number of items already $750 > $1000 (rather than $500 as is usual for a Tuesday).
I'll update Week 43 again later tonight.
A satisfactory status quo day at .0004 x .0005 - especially considering the majority of the OTC was quiet with many traders put off by losing money continually on the high dilution 10 Billion to 500 Billion O/S tickers and taking a break.
With people failing to hit the ask aggressively at .0005 at the open, there was just 201K bought on the ask at .0005.
The ask at .0005 was stacked to 51M again shortly after the open.
At the close the figure was 19M when day trades cancelled out (same as yesterday).
Latest DD updated October 23:
https://investorshangout.com/post/view?id=6488563
2022 Revenue for Weeks 1-42 is now $9.549M [before any returns / voided sales]
2022 will easily beat 2021 which was $10.001M.
2022 Q3 was $3.166M in 13 weeks.
2022 Q4 - usually the best Q with Christmas buying - is already $0.635M in 3 weeks with 10 weeks still to go.
Week 43 is off to a good start - despite a smaller inventory being offered - with more potential bidding war items already into the $2,000 > $3,750 range than usual and a large number of items already $750 > $1000 (rather than $500 as is usual for a Tuesday).
I'll update Week 43 again later tonight.
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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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