Trading Summary - July 21. 14M traded today -
Post# of 4930
14M traded today - as follows:
.0007: 7M - almost all bought on the ask.
.0006: 7M - of which 4.8M continued to fill another of my flipper denial bids placed July 6.
The strategy by the original whale longs to push the bid up to .0007 to accumulate sizeable amounts for the next run whilst also maintaining a large bid at .0006 to deny iHubbers .0006s to average down from their buys predominantly in the .0010>.0013 range continued to work for an 8th day.
The majority of .0007s bought were hits on the undercut ask of .0007 by people coming off the previous 50M+ bid at .0006.
The .0006 bid was topped back up and increased to 54M (4M more than yesterday) after some was used for hits on the ask at .0007
About 135M (38M on Wed / 18M on Thu / 5M on Fri / 500K Mon / 40M Tue / 7M Wed / 20M Thu / 7M Fri) has been traded at .0007 over the last 8 days since I and another whale pushed the bid up.
Others are also bidding now and / or buying .0007 on the ask.
Only a very small portion is being flipped at .0008 (a few indecisive sellers - varied in 7M > 13M range throughout the day) and it is known that the original whale longs got a significant portion of the .0007s.
There are now only about 16 trading days left until the Q2 is expected to be filed on or about August 15.
Nobody has bought $DIGX in 2017 at a price that it isn't likely to exceed in the coming days, weeks and months (2017 high .0013) if $DIGX is to reach the correct level for its' market cap.
A warning has been issued to iHub viewers today to grab .0007s + .0008s if interested as they are unlikely to be getting any significant quantity of .0006s before the next run up. Those that fail to heed the warning are likely to have to pay .0009 or .0010 in the days ahead or sit on the sidelines during the next run.
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A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.