InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,718.57
(
0.28%
)
US TECH 100
19,344.00
(
0.12%
)
Dow Jones
42,124.65
(
0.00%
)
Brent Oil
74.81
(
1.45%
)
Bitcoin
63,622.01
(
0.47%
)
Post# of 32302
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

elback

Send PM Follow Ignore
Followers 9
Posts 867
Boards Moderated 0
Alias Born 10/26/2016

elback

Re: Dg23 post# 31050

Wednesday, 08/01/2018 3:07:56 PM

Wednesday, August 01, 2018 3:07:56 PM

Post# of 32302
Manipulated? Maybe. Or Convertibe Debt clearing out
Every tick down there has been 10-15mm thrown up on the ask. It started at .0035 and has appeared all the way down to where it currently sits with 11mm on the ask at .0025

To me that looks like a large convertible debt holder trying to clear out with no regard for the sale price. It’s unlikely a retail holder has a position that large and is so willingly throwing it away.

VAPE is garbage right now. Buying while there’s blood in the streets works for big board equities but with OTC buying on the way down is a recipe for disaster.

BRANDOLINI’S LAW
The bullshit asymmetry principle:
“The amount of energy needed to refute bullshit is an order of magnitude bigger than to produce it”

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up