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Re: MC10459 post# 66361

Thursday, 05/05/2016 3:49:08 PM

Thursday, May 05, 2016 3:49:08 PM

Post# of 78243
Provided 1-tick flippers don't have more than 20M on the ask when it first upticks, it took on average 50M > 100M to clear each .0001 except the .0005s initially.

Sometimes in a single day - sometimes over 2 days when the vol was only 50M per day and flippers put more up on a rolling basis before the uptick.

On each tick it takes a while for bid sitters to realize that they are in danger of getting left behind before they hit the ask instead.

As you say - we'll see.

At least nobody has any excuse now for not having as many .0004 and .0005s as they need to achieve their goal - whatever that is - higher profit, lowered average or the ability to convert to free shares within xx ticks up from here. Shares have been there for the taking on for several days.

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