Trading Summary - August 1. 52M traded today -
Post# of 4930
52M traded today - as follows:
.0006: 15M
.0007: 35M
.0008: 2M
Whale bid at .0007 peaked at 37M.
Traders failed to hit the ask at .0008 to take the few available shares available.
So, after a few hours, one or more impatient traders sold for a loss wiping out the whale bid at .0007 and starting to fill the long standing whale bids at .0006.
Of the 35M traded at .0007, all appeared to fill long-standing whale bids - hence why none was added to the ask at .0008. 10M at .0007 came to me.
The whale bid at .0007 was subsequently topped up again to 11M.
The long whales will continue to bid at all prices that make sense to them to prevent moronic iHub bashers like "surfkast" and "Hedgebunny" getting any cheap shares.
The few whales that control a major portion of the 209M 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 9 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.
It is still my opinion that there will be another demand vs limited supply run well before the Q2 results are filed.
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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.