Trading Summary - July 24. 48M+ traded today -
Post# of 4998
(Total Views: 80)
Posted On: 07/24/2017 4:16:15 PM
Trading Summary - July 24.
48M+ traded today - as follows:
.0007: 13M+
.0008: 17M+
.0009: 17M+ - including 6.5M and 10M buys in a single second.
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 a 9th day and the strategy paid off with others now hitting the ask at .0008 and .0009..
After warnings were issued by me on iHub on Friday and today that bid sitters at .0006 were unlikely to be get filled - and that those that didn't take the .0007s and .0008s on the ask whilst still available would end up paying .0009 or .0010 - there was some significant buying.
In particular, the .0007s and .0008s were bought out and there were 2 significant buys - 6.5M and 10M at .0009 - in a single second.
When the odd clueless person undercut the ask with mickey mouse amounts at .0008 these were mostly bought out.
At the close, the whales were maintaining a significant element of the 17M bid at .0007 - moving the base up - and there was only 4M left at .0009 (plus an insignificant amount put up at the last minutes at .0008).
The few whales that control a major portion of the 148M picked up at .0007 are unlikely to be releasing much in the .0011>.0020 range so - with the low float for a stock in this price range - $DIGX will remain thin to the upside.
There are now only about 15 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.
Overall, a great start to the week and it is now certainly looking like there will be another demand vs limited supply run well before the Q2 results are filed.
48M+ traded today - as follows:
.0007: 13M+
.0008: 17M+
.0009: 17M+ - including 6.5M and 10M buys in a single second.
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 a 9th day and the strategy paid off with others now hitting the ask at .0008 and .0009..
After warnings were issued by me on iHub on Friday and today that bid sitters at .0006 were unlikely to be get filled - and that those that didn't take the .0007s and .0008s on the ask whilst still available would end up paying .0009 or .0010 - there was some significant buying.
In particular, the .0007s and .0008s were bought out and there were 2 significant buys - 6.5M and 10M at .0009 - in a single second.
When the odd clueless person undercut the ask with mickey mouse amounts at .0008 these were mostly bought out.
At the close, the whales were maintaining a significant element of the 17M bid at .0007 - moving the base up - and there was only 4M left at .0009 (plus an insignificant amount put up at the last minutes at .0008).
The few whales that control a major portion of the 148M picked up at .0007 are unlikely to be releasing much in the .0011>.0020 range so - with the low float for a stock in this price range - $DIGX will remain thin to the upside.
There are now only about 15 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.
Overall, a great start to the week and it is now certainly looking like there will be another demand vs limited supply run well before the Q2 results are filed.
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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.