as the week progresses, amongst everything i watch, i'm watching closely:
ASKH: i am looking to add on to my current position of 100k @ .0065. there is reverse merger talk, and news is suspected shortly. this spiked up on the rumor, and i thought it would have filled the down gap .025-.03. my sell order was inside the gap, but there's an elf who works as an MM -- i call him Pelf for all the times i've been skinned alive -- and he lives to tease me, so there's a double top in place at .024. my short term target is now .04. my add on target is 50k @ .01.
INOW: this has suddenly gotten some voilume, its 'uber' thin and i m looking to pare down my 40k, bought at .0076. i'm looking for a simple double (plus) to ride the leftovers. this is a stock i bought too early and with more rhyme than reason. the b/a of .005 x .006 is not an inducement to average down. not too mention i have better places to put my money than to work an exit strategy with added shares.
FTEG: this is a leftover from the 'daze' of the flood. i WILL PROLLY be out of before the end of the year. i have 400k @ .0004, and its new trading range is .0015 - .003. i had an order in to exit at .004, but, naturally enough, PELF said .00396 was close enough. of course, had he hit me it would no doubt have been a small partial. and i hate small partials!
among my illiquid plays:
WOWI keeps getting hit at the bid and it never drops. it has been on a slow climb with mostly small trades at the bid, not the ask.
MVPI has been drawing a little bit of interest on the bid side. its a very small position, i've only 5k left, but my last trade was for that amount at .15. not a bad rate of return for something bought at .015. when thin and illiquid,i play small and hold with patience.
and good god! TGRP had a print. only 200 shares, but hey! something is better than nothing.
