Talking craft, not speculation
We are talking about a trade here. Every is currently in or out right now, and each trader is in one of the following situations:
1)bought it cheap, flipped it on the big pump, now out clean
2)bought it on or after the big pump, didn't do DD to see the bankruptcy filing last year, to understand "the biggie" was a P&D
3)bought it after the Chapter 7 announcement, now own it at 0003 or under
4)bought it cheap, held through the pump, are still holding
5)on the outside right now, with no position, considering trading it
If you're holding high, you either held through the pump "holding for more" which never came (bad idea), or bought in after the pump and got caught (also a bad idea, since the pump was the golden parachute for insiders to unload, and a savvy trader would know that on the Chapter 11 filing).
Numbers 2), and 4) were basically asleep at the wheel, completely avoidable. For 1), 3), and 5), the only decision there is whether to take a shot at the inevitable small bounce from .0001 before DGTW stops trading. MMs will jiggle it at least once from the bottom, as they always do. Who wouldn't take a 100-300% (or more) gain? They work for bonuses!
Semi-Automated DMMs (Designated Market Makers), who market make and in-house trade all OTCs, let the algos run 90% of the time, but work the spread manually about 10% of the time. They all work on commission and bonuses, a guarantee one of the Citadel or hedge fund guys will take it for "one last spin."
If you grab some 0001s, do it with profits from other trades to keep your primary trading capital safe. I'd wait for 0001s, lowest risk. For an exit, safe play is to dump 90% on the first green rise, hold 10% through "for more" if you want. Blowing out 100% is also safe, but waiting for another "biggie" is well, less than smart...
Good luck to all and...
Happy trading!
