Trading Summary - August 25. 16.5M traded toda
Post# of 4909
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16.5M traded today - as follows:
.0007: 2.2M
.0006: 9.5M
.0005: 4.8M
Yet more excellent news from $DIGX today - this time much bigger - a potential merger being lined up with a meeting next week.
The company is making good use of its' new Twitter account now and today also reminded the investing community of the fact that it had a gross profit of $1.1M+ in the first half of 2017.
We can now look forward to additional updates on both this merger and the implementation of the additional services being offered in the chiropractic chain offices - per the Strategic Growth Plan just announced - over the coming days, weeks and months..
Despite being issued a warning that they would lose their shares at a time of the whales" choosing, a few clueless traders failed to cancel the 15M>17M they had on the ask at .0007 - 2.2M of it was subsequently bought out.
Again, a few impatient insignificant small holders traded their shares either on an undercut ask at .0006 or were foolish enough to whack the strong whale bid at .0005. The more amateurs we get rid of before more updates flow, the thinner to the upside $DIGX will become.
The long term whales maintained a visible 40M+ bid at .0005 at the start of the day and increased it to 53M on the merger news.
Any undercut ask .0006s that appeared were snapped up almost immediately.
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 any demand led run, the Q3 and through to the Annual Report in March 2018.
$DIGX will most likely not be allowed to go to previous year-end or inter-Q lows.
In my opinion, nobody has bought $DIGX in 2017 at a price that it isn't likely to exceed in the coming months (2017 high .0013) through to the Annual Report (March 2018).
Those that fail to cancel their sell orders at .0007, .0008 and .0009 can expect to lose their shares over the coming days and weeks.
Regardless of whether iHub posters lose interest over the coming days and weeks, detailed coverage will continue here as $DIGX remains one of my top picks for repeat profits for those that are patient and trade it to best effect (keep all cheapest batches of shares - create an inventory of shares at higher prices to trade on every run - big or small).
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