Short Summary - October 10. A more than satisfa
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Posted On: 10/10/2023 4:15:35 PM
Short Summary - October 10.
A more than satisfactory day for $SFLM with a hod - and new 52-week high - of .0029 as low level flippers continued to hinder the next surge up.
Prior to the open, it was disappointing that traders are still failing to cancel left over asks before the open.
MM ASCM was absent all day for a 6th day.
Early on, low-level flippers continued to put up Ms at .0026 and .0027 despite there only being 1.8M at .0028 when they were first started.
Worse still, in the closing minutes, complete morons walked an ask of over 2M down to .0027 then .0026 then whacked the bid at .0025.
Immediately, serious traders realizing how thin it would be to .0029 made 3 x hail mary buys in the closing minutes:
500K .0027 > .0028
1.5M .0028
500K .0028 > .0029 - of which 447384 was at .0029
Another moron then undercut the ask at .0028 with 1M.
Overall, 23.75M was traded - which would probably have been enough to get to .0050 if flipper clowns hadn't kept allowing people to get in cheaply at .0026 > .0028 for most of the day.
Traders need to note that every 1M sold at .0028 instead of .01 is throwing away $7.2K in profit and throwing away $17.2K at .02!
Latest Overview here - updated October 1, 2023:
https://investorshangout.com/post/view?id=662484
A more than satisfactory day for $SFLM with a hod - and new 52-week high - of .0029 as low level flippers continued to hinder the next surge up.
Prior to the open, it was disappointing that traders are still failing to cancel left over asks before the open.
MM ASCM was absent all day for a 6th day.
Early on, low-level flippers continued to put up Ms at .0026 and .0027 despite there only being 1.8M at .0028 when they were first started.
Worse still, in the closing minutes, complete morons walked an ask of over 2M down to .0027 then .0026 then whacked the bid at .0025.
Immediately, serious traders realizing how thin it would be to .0029 made 3 x hail mary buys in the closing minutes:
500K .0027 > .0028
1.5M .0028
500K .0028 > .0029 - of which 447384 was at .0029
Another moron then undercut the ask at .0028 with 1M.
Overall, 23.75M was traded - which would probably have been enough to get to .0050 if flipper clowns hadn't kept allowing people to get in cheaply at .0026 > .0028 for most of the day.
Traders need to note that every 1M sold at .0028 instead of .01 is throwing away $7.2K in profit and throwing away $17.2K at .02!
Latest Overview here - updated October 1, 2023:
https://investorshangout.com/post/view?id=662484
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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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