IDGE!
Well, Here is my response to our IDGE.
Yes it sure looks good but I had a sell in all day @ .0023. I placed it just seconds too late on the spike in the morning. I do not believe that MMs are Santa Claus. If this was going to run hard on monday, I am sure they would have taken out my 700k shares sitting for sale all day. I dropped my sell to .0022 on the other 800k and did get a fill. I suspect we will have one more shot at buy IDGE back under .002. That weekly candle was not that great. And...... to move this to .0034 on that much volume and no further, looking at the chart there is a slight possibility that IDGE will trade @ .001 with huge volume. With all the volume traded you will notice very little volume down at the .001 area. Also there was no overhead to hold IDGE down @ .0034. There was a reason they did not move it higher. We have to get into the MM's head if possible.
Now, on the other hand. I took this approach on MOBL and got left in the dust after selling out @ .06 up from .025 It went to .25! That hurt. But here with all this volume, one of two things will happen. Next week this will head north toward .01 or we will see it one more time down in the low .001s. Why, well they will need some volume here to justify the move. These players are not going to generate it by themselves. They will try to sucker us into buying it all higher and then jump in.
JMHO on IDGE
Comments welcome
Four
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