Trading Summary - August 15. 22M traded today
Post# of 4930
22M traded today - as follows (all rounded up):
.0010: 2M
.0009: 12M
.0008: 8M
At the open there should only have been 346K left at .0011 and all eyes on how many sells at .0012 had been cancelled.
Instead, a non-credible basher moron small holder on iHub - "Crown Point" - decided to undercut the ask with up to 8M at .0010. When only 770K was bought at .0010, he cancelled some and then whacked the .0009 bid.
Longs - including myself - then started topping up the .0009 bid to a level that made sense to them. He whacked that for at least 6M. This in turn duped at least one small holder to trade about 8M at .0008 by overselling the .0009 bid.
As longs bought the majority of the .0009s and .0008s traded today, only about 4M was put on the ask at .0010. There was also only about 4M at .0011.
"Crown Point"'s nonsense was immediately recognised as such by those who have been following $DIGX throughout the modern era following the acquisition of Expressions Chiropractic & Rehab in January 2016. Subsequently he was ridiculed on iHub and admitted to selling his shares at .0010 and .0009.
Keep an eye out for the Q2 being filed before the open.
The long whales will continue to buy at all prices that makes sense to them at any given point looking as far ahead as the Annual report in March 2018.
The Q2 is due to be filed by midnight (based on Q1 timing) and the associated PR should follow within 1 to 2 days after filing actually takes place
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 buying on the ask when the Q2 filing is first spotted and alerted by those who follow $DIGX closely and then further buying by the wider investing community when the associated PR is released [assuming that the Q2 still confirms $DIGX as a $2M+ revenue / $500K+ net profit company of course].
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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.