Trading Summary - August 29. A neutral day tod
Post# of 4909
A neutral day today whilst awaiting the update on the outcome of the merger meeting being held in 2 days time.
9.5M traded today - as follows:
.0006: 310K
.0005: 9.2M
Increasingly ludicrous claims by the notorious bashers currently on iHub - "RFB", "munimi" and "surfkast" - duped a few more people to sell small amounts (most probably for a loss) at .0005. They started that process with a small short at .00055.
I have almost met my target pick-up of 15M at .0005 (almost 3M today). One other person - not a long - who got the 3.6M added to the ask to give a total of 9.5M (still 6M less than last week) at .0006. That amount is likely to be bought out in seconds on any merger news.
$DIGX had more excellent news last Friday - this time much bigger - a potential merger being lined up with a meeting this week that hopefully we will get an early update on.
The company is making good use of its' new Twitter account now.
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..
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. There have been minimum bids of 20M at every level downwards for weeks to minimise the amount that the amateur repeat bashers might try to pick up before the next run.
It is of course only 2.5 months now to the Q3.
$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 .0006 > .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).
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.