$DIGX is a top-performing OTC stock currently unde
Post# of 4930
It was not, and is not, just an earnings play.
Nor was there any pump - the significant traders in $DIGX have been around for a long time and will continue to be around for the foreseeable future and there has not been a paid promotion.
Some of the most credible and successful traders specializing in the bottom end of the OTC market have been following every development on $DIGX - particularly since it acquired the Expressions Chiropractic & Rehab chain in January 2016 in a non-toxic manner.
The company has been profitable and had improving financials for 5 quarters in a row now.
The latest financials for 2017 1Q returned a net profit that was 50% of the entire 4-quarter profit in 2016.
There is no dilution - the share structure has actually been reduced - see Board Info for details.
There is no convertible debt - confirmed as recently as last week by the CEO.
The market cap on already proven results in 2017 1Q would put the price at .0030.
Nobody has got any significant quantity of .0002s since end-2016 - and only then because impatient traders sold for a tax loss.
The pre-2017 1Q ask was .0003 - unlikely to be seen again in my opinion.
I expect to see a higher base each quarter from here on out and I will be doing my part to deny petty, insignificant low-volume flippers from getting any cheap shares whilst maintaining a holding of shares that virtually guarantees a $6-figure profit in 2017 alone.
In addition to new interest buying in every quarter, there are very likely to be announcements of additional acquisitions of locations to expand both the Expressions Chiropractic & Rehab and Split Endings brands - as already stated by the company. Furthermore, these acquisitions will be made in a non-toxic manner.
A typical day's trading on $DIGX is 20M averaged over the last year - including multiple runs on high volume. Anything above 20M a day is people jockeying for position trying to reload because they realize they sold too soon plus the well-established and well-known longs accumulating yet more as the impatient / duped sell.
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.