I usually always follow rule #13 but tomorrow is a whole different animal FOR ME Vkaz. CYNX is a wild card play and thats part of the risk on these type of plays. I have a feeling that .0006’s won’t last very long at all tomorrow.
$600.00 buys 1 million shares and there will be plenty of people buying a couple million shares at a time, and the bigger traders buying a lot more than that.
But to be safe......waiting a few minutes to see how fast this is moving would probably be a GOOD idea!
I’m just trying to make sure I get .0006’s that’s all.
CYNX is a lotto play so be careful with it it's more volatile than you're average penny stock. Considering all the awareness coming to it probably best to take a position s quick as you can unless it really runs away or gaps up in the morning. Rule #13 probably isn't going to be so hard and fast if this gets as much volume as I suspect it will market makers won't be able to hold it back. Hopefully you have L2 I'd suggest keep a close eye on it. All IMO FWIW. GLTA tomorrow. I'll be rooting from the side lines for Flex Nation.
You Always Follow Rule #13 BUT There are only 30mil 6s left on the Ask and this is where Rule 13 is best defined~ if CYNX had only a few at .0006s say 3 mil and the L2 showed Nothing in the way of shares at the previous close. Then at the Open you let the Action Take place Early before jumping in at the bell, as any Gap ups or wreckless Buying should be settled within the first 5 min~ In the case of CYNX Rule 13 doesnt have the same concerns of Buying an open as on the face it appears that a gap is Unlikely and those 30mil may be all thats at this level. Beyond could likely be blue skies~ I difference in situations is a bit clearer now~