Trading Summary - August 2. 4.1M traded today
Post# of 4930
4.1M traded today - as follows:
.0008: 1.9M
.0007: 2.2M
Whale bid at .0007 maintained at 11M all day - topped up after fills.
Someone trying to get cheap shares added 8M the ask at .0008 - nobody got duped to sell any significant amount for a loss at .0007 - they will lose those shares at .0008 when the whales decide to take them if they don't cancel.
Traders failed to hit the ask at .0008 to take the few available shares available - this will lead to them paying .0010+ by the time the Q2 filing takes place and the PR comes out later.
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 211M 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 8 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.