Trading Summary - August 17. 10.1M traded toda
Post# of 4929
10.1M traded today - as follows:
.0010: 1000
.0009: 4.5M
.0008: 5.6M
A neutral day for $DIGX with the Q2 not expected until Friday or before open on Monday now.
The usual non-credible suspects on iHub - "surfkast", "Crown Capital" and 'In The Mouth Of madness" - ramped up their moronic comments overnight and today in the hope of getting cheap shares at .0008. The whales ensured that they didn't by maintaining their long standing bid in the 12M > 20M at range at .0008 all day.
Because a few clueless traders added another 8M to the ask at .0010 before the open (12M - was only 4M left at the close yesterday ), this led to an undercut ask of negligible proportions at .0009 for most of the day and a few insignificant holders sold small amounts into the bid at .0008 - countered by others buying on the ask at .0009.
Keep an eye out for the Q2 being filed before the open tomorrow.
The long whales will continue to buy at all prices that makes sense to them at any given point to have a cache for trading on the Q2, Q3 and through to the Annual Report in March 2018 - as $DIGX will most likely not be allowed to go to previous year-end or inter-Q lows.
The Q2 is now expected to be filled before the open on Monday (including anytime tomorrow) 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.
We now know (from CEO Tweet late today) that the Q2 will show the company to be worth more than at the Q1 (rather than as least as much which was yesterday's position) - that is, more than $2M+ revenue / $500K+ net profit per year.
Eco Innovation Group Inc (ECOX) Stock Research Links
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.