BBRD was a great buy @ .001 - .002 levels. Some sold BBRD into .0007 area.
Not too long before the break of .003, some impatient sellers sold into .001 and trip levels. I was shocked when I saw a seller, but it happens.
This is OTC land. Emotion plays out. Many at times get discouraged and when something isn't moving their way, they sell.
This is often in haste. Someone sold 1M shares to me @ .0009 level not too long ago. It didn't take very long for BBRD to break .005 level once the .0028 (previous high) was broken. The 2M seller @ .003 that made some people sell and hit bid @ .0025 - .0022.
This is one reason one should not make a decision soley based on L2 - though there was a 2M seller, the volume was 8M shares.
MONEY TRADED and VOLUME IS KEY
We just had a 42M share day while it traded to .0079. 6m bid showed
6M BIDDER @ .006, where were they when this was a LOBSTER @ .001 - .002 levels?
Obviously no one was aware news was coming until last week then things really picked up in volume activity. After hitting .0025 on some buys of nearly 1M, someone hit over 1.5m into bid @ .0018 (i got filled for 800k there being lucky after it broke .002)
Always know what you hold.
To those that thought it would fall after hitting .0028 - .003 levels were mistaken.
The 2M seller that was @ .003 I was going to slap it all like I initially did at .0019 with the 900k seller wall there.
If I had the cash, I would have bought the whole wall offer sell of 2M shares. Unfortunately they removed the offer and most likely sold at higher prices.
I think this is a great ticker. Was a super steal where I thought it was (.001 - .002) anything under was gravy.
I am looking for .01 test. Never bad to take some profits on the way up. Free shares and profit are good and let the rest ride - depends on your objectives.
*there will ALWAYS be bashers on every ticker bc of bad entry and exit points. When you can apply charting to your trading, your entry and exits points get better and you can be successful.
The most important thing to pay attention to is the chart.
the other noise such as L2 (walls/bids/offer - sizes), chatter is not as important. It helps to check boards to gauge sentiment because that is the market.
When you can uncover and realize value before the market does is when you can really thrive.
So far it seems BBRD was a lobster.
OWCP was from .003 levels to a record setting gain to $3+ per share
MXSG from .003 -.20
VDRM .002 - .05
USRM .0016 - .05
These tickers were Lobsters this year.
