Trading Summary - August 30. A neutral day aga
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Posted On: 08/30/2017 4:17:14 PM
Trading Summary - August 30.
A neutral day again today whilst awaiting the update on the outcome of the merger meeting being held tomorrow:
10.8M traded today - as follows:
.0006: 1.3M (1M more than yesterday)
.0005: 9.5M (almost the same as 9.2M yesterday)
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 again today.
However, when the .0004 bid was visible briefly, it was already at 80M+ and was immediately increased to 96M with no fills at all throughout the day.
As soon as serious traders who do not yet have enough cheap bottom price shares to take full advantage of all the runs likely to happen before the Annual Report (due March 2018) saw that .0004s were not going to get filled, a 10M bid was established at .0005 which was incrementally increased to 21M.
I have now met my target pick-up of 15M at .0005 (with a further 2.3M today) but given that is not likely that anyone will sell for a loss at .0004 I'm now going for 20M at .0005.
Despite a further 9.5M being bought at .0005 today, only 1M was added to the ask at .0006 yet again demonstrating that the longs are successively picking up the majority of shares and keeping them out of the hands of the iHub basher / flippers which shouldl make $DIGX very thin at .0006>.0010.
$DIGX had more excellent news last Friday - this time much bigger - a potential merger being lined up with a meeting tomorrow 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. Those that do not cancel at .0006 could lose them in seconds if the merger news comes out and serious traders haven't by then got the number they want for the rest of the year at .0005.
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).
A neutral day again today whilst awaiting the update on the outcome of the merger meeting being held tomorrow:
10.8M traded today - as follows:
.0006: 1.3M (1M more than yesterday)
.0005: 9.5M (almost the same as 9.2M yesterday)
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 again today.
However, when the .0004 bid was visible briefly, it was already at 80M+ and was immediately increased to 96M with no fills at all throughout the day.
As soon as serious traders who do not yet have enough cheap bottom price shares to take full advantage of all the runs likely to happen before the Annual Report (due March 2018) saw that .0004s were not going to get filled, a 10M bid was established at .0005 which was incrementally increased to 21M.
I have now met my target pick-up of 15M at .0005 (with a further 2.3M today) but given that is not likely that anyone will sell for a loss at .0004 I'm now going for 20M at .0005.
Despite a further 9.5M being bought at .0005 today, only 1M was added to the ask at .0006 yet again demonstrating that the longs are successively picking up the majority of shares and keeping them out of the hands of the iHub basher / flippers which shouldl make $DIGX very thin at .0006>.0010.
$DIGX had more excellent news last Friday - this time much bigger - a potential merger being lined up with a meeting tomorrow 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. Those that do not cancel at .0006 could lose them in seconds if the merger news comes out and serious traders haven't by then got the number they want for the rest of the year at .0005.
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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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.