$DIGX - Summary of Recent Trading - Updated June 3
Post# of 4930
1.113B loaded since May 25.
295M loaded at .0003.
No significant amount of .0003s picked up since June 1 - 23 trading days ago and none today.
287M loaded at .0004 - mostly on June 15 and June 16.
No significant amount of .0004s picked up since June 16 - 12 trading days ago - none today.
197M loaded at .0005 - only 5M picked up on bid today.
72M loaded at .0006 - 29M of it today including 15M + 9M ask hits.
110M loaded at .0007 - all today (July 5).
80M loaded at .0008 - all today (July 5).
52M loaded at .0009 - all today (July 5).
210,555 loaded at .0010 - all today (July).
Closed .0008 x .0009 - up 50% on 276M traded.
The last several Recent Trading Summaries from me here stated:
"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 still distinctly possible that we may get a supply / demand run beforehand."
All proved correct !
---- All opinions below this line remain unchanged
Longs who loaded the .0003s, .0004s and .0005s decisively have succeeded in keeping most of the one tick flippers out.
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% to .0011 on the current share structure 7 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.
$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.
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.