Trading Summary - August 9. 130M (rounded up f
Post# of 4929
130M (rounded up from 129.7M) traded today - as follows:
.0010: 59M (compared to only 2.6M yesterday)
.0011: 69M
.0012: 2M
Excellent day overall - got rid of a few low level flippers who stalled the early rapid progress when they stacked 37M at .0012 (hod). A few of the usual suspects from iHub admitted selling early.
14M that they sold at .0010 (out of 20M traded whilst the bid was still being topped up) was bought by whale longs (including me) to trade higher at a later date.
Subsequently, more of the ask at .0012 was moved down to .0011 - 8M of this was bought out in the last 10 minutes leaving just 10M.
The .0012 ask should be thinner next time.
Those that fail to cancel their sell orders at .0011 and .0012 can expect to lose their shares over the coming days (just as happened at .0008>.0010 previously).
The whale longs are aiming to get the launch pad for $DIGX as high as possible before the Q2 filing anticipated on August 15 and then higher again by when the PR might come out 1>2 days after that.
The long whales will continue to bid at all prices that make sense to them to keep those that flipped too low / early from getting back in with much if any.
The moronic iHub bashers like "surfkast" and "Hedgebunny" have been proved to be completely non-credible yet again.
The few whales that control a major portion of the 240M picked up at .0007 and 190M picked up at .0008 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 3 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.
Expect the demand vs supply move upward to continue through to the filing of the Q2 and up to the issue afterwards of the associated PR.
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