Used the nuclear option & posted this on iHub just
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(Total Views: 534)
Posted On: 06/18/2017 7:46:00 PM
Used the nuclear option & posted this on iHub just now - should overwhelm the intellectually challenged bashers "munimi", "surfkast" and "Full Contact Yoga" between now & the open. I'll also be posting it on a number of the iHub breakout alert board.
$DIGX – Recent Trading & Outlook - June 18.
A great week ending June 16 for $DIGX - here are the facts.
Exactly as expected, some of the largest volume traders in the OTC market decided to load up on $DIGX this week on Thursday and Friday.
Since May 25, 295M had been loaded at .0003 by those who understand the value of $DIGX which is now a proven $2M+ revenue company with net profits of $500K+ expected in 2017 - based on the financial reports for the last 5 quarters which the company always files in a timely manner.
Furthermore, the company often gives estimates on the anticipated quarterly results as soon as preliminary results are available, along with a date by which filings can be expected and an update on any other plans.
The $DIGX portfolio currently includes the Split Endings hair salon and the Expressions Chiropractic & Rehab chain - all concentrated in the Dallas-Fort Worth area.
http://www.expressionschiropractic.com/
http://www.splitendings.com/welcome.html
Having proven this successful business model, any previous endeavors or proposed projects pre-dating January 2016 are irrelevant going forward.
The company management has self-evidently come up with a business model that works and has stated its' intention to expand both brands by the acquisition of additional locations - which will be done without the need for toxic financing.
$DIGX has a thin structure and there has been no dilution. Both the A/S and the Float have been decreased on 2017 - the period that matters to serious investors.
The recent 350% run to .0011 was on the current share structure – so previous float numbers are irrelevant.
A few company executives are allowed to sell shares at a strictly limited rate per quarter as compensation for executive services. Unusually for an OTC stock, $DIGX provides exceptional granularity of detail on this aspect in its' filings. This allows serious investors who follow $DIGX full-time to dismiss those that have clearly been completed, and to trade around those that occur at any particular point in time.
For instance, on the recent 350% run, it was evident that low level flippers stacked the ask at .0012 which prompted the company to sell via specialist brokers at the non-retail price of .001099 below them, and subsequently the market started taking a partial profit at lower levels. There was then additional company selling at .000845 – serious traders reacted accordingly.
For several days, it had become apparent to those looking to add significant amounts of $DIGX that the ever increasing bid at .0003 was not going to get filled. Short term traders were no longer selling for a loss - nobody was being duped into selling by small amounts being painted down into the .0003 bid. It was evident to experienced traders that some large bids were being changed to AON - which are hidden on Level 2 - so as to avoid getting small partial fills from these paint downs. Nevertheless, a visible bid of 50M > 128M was maintained all week.
Long term watchers knew that a 40M>100M ask at .0004 - both from one-tick flippers or those trying to hold the upward progress back from upward progress - can be taken out relatively easily - it only took 2 seconds on the previous run.
By Thursday, the indicators were there that it was only a matter of time before the .0004 ask was taken out decisively by those who wanted to hold a large inventory of shares for future runs – regardless of how long they might have to hold them. Views on the main $DIGX board had been rising continuously all week and various scenarios had been outlined. In the last 30 minutes of trading, 106M were loaded at .0004 – including over 57M in a single second.
On Friday, loading of the .0004s continued all day. Every time mickey mouse amounts were put on the undercut ask of .0004, they were taken out decisively. When a further hold back attempt was made with a 14M block from a single market maker in the final hour, it was withdrawn after being hit for only 1M.
Each time .0005s appeared. the ask quantity reduced – from 68M initially to only 35M by the close. This could have been for a variety of reasons. Those trying to hold it back didn’t want to lose their shares. Alternatively, those who had been planning to sell for a one tick profit, or even, changed their mind.
In my opinion, nobody has bought $DIGX in 2016 or 2017 at a price (high .0011) that it isn’t going past at some point in the future. So I expect $DIGX to get thinner to the upside with every .0001 increment rise as existing holders realize this.
In summary - loading off the bottom:
295M at .0003 since May 25 – mainly through buys on the bid by long-term repeat traders of $DIGX who were happy to buy when others sold for whatever reason.
207M at .0004 – of which 106M was on June 15 and 96M on June 16.
100 at .0005 – close on June 16.
I anticipate loading to continue in the days and weeks ahead.
The higher the base moves up before the next company update - whether it is an estimate of the Q2 profits and revenue near the end of the period (so anytime now), a surprise update on the progress towards acquisitions expanding both brands, or the actual Q2 filing (in 3>7 weeks) - the greater the chance of a runup in the .0010 > .0030 range (which is nearer the 2017 market cap value).
$DIGX – Recent Trading & Outlook - June 18.
A great week ending June 16 for $DIGX - here are the facts.
Exactly as expected, some of the largest volume traders in the OTC market decided to load up on $DIGX this week on Thursday and Friday.
Since May 25, 295M had been loaded at .0003 by those who understand the value of $DIGX which is now a proven $2M+ revenue company with net profits of $500K+ expected in 2017 - based on the financial reports for the last 5 quarters which the company always files in a timely manner.
Furthermore, the company often gives estimates on the anticipated quarterly results as soon as preliminary results are available, along with a date by which filings can be expected and an update on any other plans.
The $DIGX portfolio currently includes the Split Endings hair salon and the Expressions Chiropractic & Rehab chain - all concentrated in the Dallas-Fort Worth area.
http://www.expressionschiropractic.com/
http://www.splitendings.com/welcome.html
Having proven this successful business model, any previous endeavors or proposed projects pre-dating January 2016 are irrelevant going forward.
The company management has self-evidently come up with a business model that works and has stated its' intention to expand both brands by the acquisition of additional locations - which will be done without the need for toxic financing.
$DIGX has a thin structure and there has been no dilution. Both the A/S and the Float have been decreased on 2017 - the period that matters to serious investors.
The recent 350% run to .0011 was on the current share structure – so previous float numbers are irrelevant.
A few company executives are allowed to sell shares at a strictly limited rate per quarter as compensation for executive services. Unusually for an OTC stock, $DIGX provides exceptional granularity of detail on this aspect in its' filings. This allows serious investors who follow $DIGX full-time to dismiss those that have clearly been completed, and to trade around those that occur at any particular point in time.
For instance, on the recent 350% run, it was evident that low level flippers stacked the ask at .0012 which prompted the company to sell via specialist brokers at the non-retail price of .001099 below them, and subsequently the market started taking a partial profit at lower levels. There was then additional company selling at .000845 – serious traders reacted accordingly.
For several days, it had become apparent to those looking to add significant amounts of $DIGX that the ever increasing bid at .0003 was not going to get filled. Short term traders were no longer selling for a loss - nobody was being duped into selling by small amounts being painted down into the .0003 bid. It was evident to experienced traders that some large bids were being changed to AON - which are hidden on Level 2 - so as to avoid getting small partial fills from these paint downs. Nevertheless, a visible bid of 50M > 128M was maintained all week.
Long term watchers knew that a 40M>100M ask at .0004 - both from one-tick flippers or those trying to hold the upward progress back from upward progress - can be taken out relatively easily - it only took 2 seconds on the previous run.
By Thursday, the indicators were there that it was only a matter of time before the .0004 ask was taken out decisively by those who wanted to hold a large inventory of shares for future runs – regardless of how long they might have to hold them. Views on the main $DIGX board had been rising continuously all week and various scenarios had been outlined. In the last 30 minutes of trading, 106M were loaded at .0004 – including over 57M in a single second.
On Friday, loading of the .0004s continued all day. Every time mickey mouse amounts were put on the undercut ask of .0004, they were taken out decisively. When a further hold back attempt was made with a 14M block from a single market maker in the final hour, it was withdrawn after being hit for only 1M.
Each time .0005s appeared. the ask quantity reduced – from 68M initially to only 35M by the close. This could have been for a variety of reasons. Those trying to hold it back didn’t want to lose their shares. Alternatively, those who had been planning to sell for a one tick profit, or even, changed their mind.
In my opinion, nobody has bought $DIGX in 2016 or 2017 at a price (high .0011) that it isn’t going past at some point in the future. So I expect $DIGX to get thinner to the upside with every .0001 increment rise as existing holders realize this.
In summary - loading off the bottom:
295M at .0003 since May 25 – mainly through buys on the bid by long-term repeat traders of $DIGX who were happy to buy when others sold for whatever reason.
207M at .0004 – of which 106M was on June 15 and 96M on June 16.
100 at .0005 – close on June 16.
I anticipate loading to continue in the days and weeks ahead.
The higher the base moves up before the next company update - whether it is an estimate of the Q2 profits and revenue near the end of the period (so anytime now), a surprise update on the progress towards acquisitions expanding both brands, or the actual Q2 filing (in 3>7 weeks) - the greater the chance of a runup in the .0010 > .0030 range (which is nearer the 2017 market cap value).
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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.
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