Friday, October 06, 2017 10:41:34 AM
VNDM was on the ask a couple of weeks ago when we started getting some 300k share increases reported on OTCMarkets. And NITE undercutting them of course.
To me it looks like some of them are reacting to the share increases. But dumpage is not as bad as the share increases suggest. And that's because the lender in the US is the problem, if any. Not the one in China who is receiving most of the collateral shares.
So it looks like all the scum traders are waiting for a supply to hit the market. VNDM, VERT, ARCA. And it's not coming. And now they are clueless what do to about it. Of course NITE needs to cover.
Of course I'm most likely wrong. But that's what it looks like
To me it looks like some of them are reacting to the share increases. But dumpage is not as bad as the share increases suggest. And that's because the lender in the US is the problem, if any. Not the one in China who is receiving most of the collateral shares.
So it looks like all the scum traders are waiting for a supply to hit the market. VNDM, VERT, ARCA. And it's not coming. And now they are clueless what do to about it. Of course NITE needs to cover.
Of course I'm most likely wrong. But that's what it looks like
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