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tdeck

10/12/18 1:57 AM

#1019 RE: Tower of Hanoi #1018

No ToH, I haven't sold any since the last time it ran to .30 that's how I built my position on the past 2 1/2 years, I would buy the low and sell half at a triple then do it again and again. SKAS has not had that type of movement to build I have actually added less this entire year than I used to in a single month in the past.

I just put up a bid smallish 5-10K on the low end and put it GTC. When it fills I put up another, these large bid stacks lately have not made that to successful as of late, I did add some about a week ago just above the bid.

Took me too long to build this position much time, effort and countless hours keeping up with it. This like my 3 other serious OTC holds I plan on making 7 figures on, takes a a long time to accomplish the goal and have only done it 7 times in my entire 30 years trading but it works, patience. planning and sticking to the plan is all it takes. Oh, and the company sticking to their plan LOL.

I am perplexed as to who is A) selling the larger blocks, is it a short? B)Is it an MM filling it hoping for a dip to load? or C) Is it someone that has taken a hit in other stocks in the past week that needed some cash in the near term to add to a beat up position to sell when it pops back as getting back in SKAS pretty much even is a possibility.

Then I wonder who is buying with the large GTC's that sit there till filled, I have surmised on the board here that maybe the company is now buying shares off the open market as they have already purchased all the investors/lenders shares that were available
have been bought.

That's odd for an OTC isn't it, first that a companies lenders on the OTC do not flood the market with the shares especially after a 3 fold rise in price, and that an OTC company is actually buying their shares back LOL.

Either way its good to me, even if the stock price has not risen as much as another would in another company that has now gone through 2 share buybacks, makes $$, has cash and a credit facility of 2.5 mil. But its not one of those types it's a unicorn in OTC a real investment, nothing to hype here, no Walmart, MJ or Blockchain BS.

Just a company doing the right things and slugging away at it, making every step cautiously with thought and good intent.

Peace out bro. Nice chatting to ya, hope you made it through the past week relatively unscathed. At the end of the day I made some money on some shorts and added them to my beat up winners, which many probably did as well. When its bloody out there short the overpriced drek and add to the winners as they unlike hypes ones will come back.