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Wednesday, March 07, 2018 4:31:21 PM
However, why not force him to give the shares to the folks that are willing to buy them. Every share he sells is being absorb. But as I sit here and looking at the spread when the ask is sitting at .0033 and the bid is sitting at .0027 it becomes a no brainer and I certainly am not going to slap the ask when I no damn well he will eventually give us the shares at the lower end.
It's obvious he wants to liquidate and I'm only willing to oblige him.
This issue is a predictable tradable issue and this only happens when folks are willing to grab them as they become available and as long as this is the case with DSGT, for folks slapping the ask makes no sense. Of course this will change when he is done and then we will get back to normal trading.
We will fly, but until he is done and I thought today, but it is close for him to exit.
CDEL is also playing with a note of sort and the ping pong is obvious.
We are not the only buyers and to buy at .0034 only to watch it slide once again, it makes sense to just sit the bid and eventually get them on the cheap.
What makes this issue so attractive is that you know it will eventually run back up without much difficulty and the 13Gs makes this even a greater attraction to grab whatever you can.
I have no problem sitting on the bid and have been doing this so far for the last 7 session and will continue until he's gone. The only problem I have is I just don't have the bottomless pit to keep buying.
This is one issue that I'm so sure of that we will hit silver in the very near future makes bid sitting all part of the overall strategy to maximize your average.
Thanks to the predictability of this tranche many here and else where are going to witness huge gains.
Have a good day
varok
stockmarketquarter
Corporate Market Awareness Consultant
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