Trading Summary - January 21. After some early
Post# of 4900
After some early trading at .0006, the majority of trading took place at .0005 - most of it hits on the ask.
There was clearly some convertible debt selling today.
The amount that can be sold by executives / professionals is strictly limited in a 30-month period - details are in the filings. It is not a significant amount in the grand scheme of things but it can cause big temporary swings in price when people don't hit the ask aggressively enough. MMs working on their clients behalf will eventually walk the ask down and / or sell into the bid which is exactly what happened today.
The key to success for large scale traders is to try to acquire shares - but not too many - at every price point because you never know when a rapid reversal will take place.
I'm still confident that $DIGX will have continued success with it's portfolio of companies with increasing revenues and profits each quarter. I still have all of my cheapest shares for the point in the future when the remaining convertible debt is eliminated and will continue to trade around that core position.
Eco Innovation Group Inc (ECOX) Stock Research Links
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.