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Monday, 10/07/2019 8:45:07 PM

Monday, October 07, 2019 8:45:07 PM

Post# of 15334
DGTW News - the wait

At this moment, DGTW daily asks/bids and volume mean nothing. It's just the wind blowing, a few traders dabbling, kicking tires. What's really happening is basic triple 000 structure in practice, nothing to worry over, but to understand.

Why did DGTW fall to 0001?
All stocks get walked down, and up. The long period since news means the stock will get walked down, that's just the reality. MMs need to make money. Since they make money going down as much as up, with no news, they take it down.

Why the "crickets" at .0001?
When stocks get down to 0001, they go flat for long periods because of no news. With nothing to work with, MM's unload extra shares, interested traders get filled. From then on, it just a wait for news. (*People think this dump is dilution. Dilution happens earlier, gradually, at higher prices, not at the bottom. The bottom dump is about downsizing inventory and volume for transaction fees, where the big institution $$'s are, like with banks.

If you own it at 0001, holding long for news on a company that pumps with news is smart. Do DD to decide if DGTW does. If a 0001 pumps, expect a plus 2-3 (.0003-4), if you get more, great.

Good luck!