$DIGX - Summary of Recent Trading - Updated June 26.
687M loaded since May 25.
295M loaded at .0003.
No significant amount of .0003s picked up since June 1 - 17 trading days ago and none today.
251M loaded at .0004 - mostly on June 15 and June 16.
No significant amount of .0004s picked up since June 16 - 6 trading days ago and none today..
115M loaded at .0005 - no significant fills today - only 5M total out of 30M.
Many have been cancelling their sell orders on the ask at .0006 since the iHub bashers got totally discredited and shut down. I expect the same to happen in the .0007>.0011 range.
Almost nobody was willing to sell into the bid at .0005 - one low volume, low level flipper did boast of exiting on iHub to load another stock but subsequently bought back in (presumably at a higher price .0006) within hours !
Traders moved 40M of the whale bid up from .0004 to .0005 - including a 22M bid from CDEL.
At least one bidder took 10M from the bid and slapped the ask at .0006 which filled as 4M and 6M in 2 separate seconds - reducing the ask to 10M.
The bid was subsequently topped up to 40M again.
There were no significant additions to the ask at .0006 in the final hour of trading after the 10M hit.
Yet again we have seen how hard shares are to come by on the bid and that if people don't hit the ask they risk paying more later.
Closed at 40M .0005 x only 9.5M .0006.
30M loaded today - 5M at .0005 - 25M at .0006 (rounded to nearest M)
Longs who loaded the .0003s, .0004s and .0005s decisively have succeeded in keeping most of the one tick flippers out - as evidenced by the relatively small and reducing ask at .0006 on Friday and today (down from a peak of 66M to 10M - with at least 30M in sell orders cancelled).
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 5 weeks ago and the market will make it run again on any update. The $DIGX float of 1.6B is pretty low for a stock currently at this price level. Experienced traders know that many off the bottom OTC stocks that run to .01+ - on nothing like $DIGX has going for it in terms of financial results proven over the last 5 quarters - have done so on an A/S or O/S, let alone float, of 5 to 10 times that.
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 under .0010 - 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+ upon the 2017 Q2 announcement.
It is also now distinctly possible that we may get a supply / demand run beforehand - particularly since bid sitters have only had about a 10% > 25% success rate (fills vs total visible bid) on any day in the last week.
Social media coverage of $DIGX is ramping up all the time with 15 alerters spotting it Friday > Sunday..
$DIGX never was going to be stopped by a couple of non-credible morons posting nonsense on iHub (now gone). They shouldn't have picked a stock they clearly know nothing about that some of the biggest traders in the OTC have been watching for years / months.
687M loaded since May 25.
295M loaded at .0003.
No significant amount of .0003s picked up since June 1 - 17 trading days ago and none today.
251M loaded at .0004 - mostly on June 15 and June 16.
No significant amount of .0004s picked up since June 16 - 6 trading days ago and none today..
115M loaded at .0005 - no significant fills today - only 5M total out of 30M.
Many have been cancelling their sell orders on the ask at .0006 since the iHub bashers got totally discredited and shut down. I expect the same to happen in the .0007>.0011 range.
Almost nobody was willing to sell into the bid at .0005 - one low volume, low level flipper did boast of exiting on iHub to load another stock but subsequently bought back in (presumably at a higher price .0006) within hours !
Traders moved 40M of the whale bid up from .0004 to .0005 - including a 22M bid from CDEL.
At least one bidder took 10M from the bid and slapped the ask at .0006 which filled as 4M and 6M in 2 separate seconds - reducing the ask to 10M.
The bid was subsequently topped up to 40M again.
There were no significant additions to the ask at .0006 in the final hour of trading after the 10M hit.
Yet again we have seen how hard shares are to come by on the bid and that if people don't hit the ask they risk paying more later.
Closed at 40M .0005 x only 9.5M .0006.
30M loaded today - 5M at .0005 - 25M at .0006 (rounded to nearest M)
Longs who loaded the .0003s, .0004s and .0005s decisively have succeeded in keeping most of the one tick flippers out - as evidenced by the relatively small and reducing ask at .0006 on Friday and today (down from a peak of 66M to 10M - with at least 30M in sell orders cancelled).
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 5 weeks ago and the market will make it run again on any update. The $DIGX float of 1.6B is pretty low for a stock currently at this price level. Experienced traders know that many off the bottom OTC stocks that run to .01+ - on nothing like $DIGX has going for it in terms of financial results proven over the last 5 quarters - have done so on an A/S or O/S, let alone float, of 5 to 10 times that.
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 under .0010 - 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+ upon the 2017 Q2 announcement.
It is also now distinctly possible that we may get a supply / demand run beforehand - particularly since bid sitters have only had about a 10% > 25% success rate (fills vs total visible bid) on any day in the last week.
Social media coverage of $DIGX is ramping up all the time with 15 alerters spotting it Friday > Sunday..
$DIGX never was going to be stopped by a couple of non-credible morons posting nonsense on iHub (now gone). They shouldn't have picked a stock they clearly know nothing about that some of the biggest traders in the OTC have been watching for years / months.
American EcoFuels Inc (AEFI) Stock Research Links
"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.
