$DIGX - Summary of Recent Trading - Updated June 2
Post# of 4930
564M loaded since May 25.
295M loaded at .0003.
No significant amount of .0003s picked up since June 1 - 15 trading days ago.
241M loaded at .0004 - mostly on June 15 and June 16.
No significant amount of .0004s picked up since June 16 - 4 trading days ago.
28M loaded at .0005 - including 10M / 5M / 3M hits today.
Almost nobody is willing to sell at .0004 now - as evidenced by only 11M being sold into the bid today..
Traders moved 113M of their whale bid up to .0004 - in addition to the hits on the ask at .0005.
Closed at 113M .0004 x only 17M .0005.
Bid at close was 57M higher than yesterday.
32M loaded today - 11M at .0004 and 21M at .0005.
Longs got at least half those picked up at .0004.
Longs who loaded the .0003s and .0004s decisively have succeeded in keeping most of the one tick flippers out - as evidenced by the relatively small and reducing ask at .0005 today (down from a peak of 68M on June 16 and 55M on June 20).
Being observant and keeping accurate records is what counts in trading in the OTC and in trading $DIGX in particular.
Daily volume and the actual closing price is irrelevant to future runs - knowing what volume was picked up at what price is far more important.
There is a buyer and a seller for every trade. So a trade at a particular price means someone currently has that amount of shares at that price. They are not $DIGX "bagholders" - they willingly bought at that price because they believe that they can make a profit in future.
Nobody cares about the float - $DIGX just ran 350% on the current share structure and the market will make it run again on any update.
As previously stated, nobody has bought $DIGX in 2016 or 2017 at a price that it shouldn't go past in future.
Over the coming days, I expect more people who might have sell orders at .0005 or .0006 - due to being influenced by the previous bashing on iHub which has now been firmly discredited - to cancel their sell orders and make $DIGX even more thin to the .0010+ break than previously.
The higher the base moves up before any catalyst from the company the better. If all new buying pressure can be made to have to buy above .0006 - and preferably above .0010 - we could get a fast move up through the .001xs towards .0020+.
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.