Early Trading - May 25. A 1.5M slap at .0008 to
Post# of 4998
Posted On: 05/25/2016 12:51:49 PM
Early Trading - May 25.
A 1.5M slap at .0008 took out the last 56K at .0007 and 1.45M at .0008.
However, a moron one-tick flipper then undercut the ask at .0007 for around 2M but he has been taken out now.
.0008s back up with less than 5M there.
Thereafter, there is only 1M showing from 1 x MM with 2 x MM to move up when the .0008s are gone so perhaps 2M>9M at most prior to the .0010 breakout.
The very thin share structure and low float means that DIGX can move very quickly to the upside on just a few buys.
It is now OTC Current after the recent financial filings which were excellent.
Split Endings (primarily) made a net profit of $96K in 1Q.
The full extent of profits from the recently acquired chiropractic business will be more evident in 2Q.
The company will probably make a net profit in the $500K>$1M range in 2016.
Old convertible debt selling is rationed by SEC rules to 1% of the o/s per quarter - which equate to only 18.5M per note holder. Referring back to big sell days since the notes were issued from 2014, way more than 50% has already been discharged and some of the smaller 30M/125M note holders will be out already or close to it - meaning the limit per quarter is only a few multiples of 18.5M per quarter now - most / all of which has already taken place for the 2Q quote ending June 2016.
Keep on watch for further updates regarding additional acquisitions alluded to in the last PR, the updated company profile on otcmarkets.com and the May 20 filings.
$DIGX
A 1.5M slap at .0008 took out the last 56K at .0007 and 1.45M at .0008.
However, a moron one-tick flipper then undercut the ask at .0007 for around 2M but he has been taken out now.
.0008s back up with less than 5M there.
Thereafter, there is only 1M showing from 1 x MM with 2 x MM to move up when the .0008s are gone so perhaps 2M>9M at most prior to the .0010 breakout.
The very thin share structure and low float means that DIGX can move very quickly to the upside on just a few buys.
It is now OTC Current after the recent financial filings which were excellent.
Split Endings (primarily) made a net profit of $96K in 1Q.
The full extent of profits from the recently acquired chiropractic business will be more evident in 2Q.
The company will probably make a net profit in the $500K>$1M range in 2016.
Old convertible debt selling is rationed by SEC rules to 1% of the o/s per quarter - which equate to only 18.5M per note holder. Referring back to big sell days since the notes were issued from 2014, way more than 50% has already been discharged and some of the smaller 30M/125M note holders will be out already or close to it - meaning the limit per quarter is only a few multiples of 18.5M per quarter now - most / all of which has already taken place for the 2Q quote ending June 2016.
Keep on watch for further updates regarding additional acquisitions alluded to in the last PR, the updated company profile on otcmarkets.com and the May 20 filings.
$DIGX
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.