Trading Summary - November 17.
The Q3 was filed on November 16 with better than expected results:
Gross Revenue: $434K
Net profit: $ 63K
This keeps $DIGX on track as a $2M revenue / $250K net profit per year company and rated as a "Going Concern" - almost unheard of in the OTC market.
Until the PR comes out highlighting the excellent results - and hopefully also updating future brand expansion plans - only those who were looking for the Q3 - who mostly already have their shares - have seen it. The PR associated with each Q usually comes out within 1 to 3 business days of filing.
As previously stated, the large additional share retirement of 275M shares since Jul 31 - on top of the 150M retired Dec 2016 > May 2017 making 425M total - has not been PR'ed yet either.
Intense bashing by the usual suspects on iHub and attempts at manipulation continued today.
One of the other whales I know bid 2M at .0004 which was filled (and double printed) - an additional 2M undercut ask at .0004 was cancelled after a period.
Later, 13M was put up on the undercut ask and I took 3M of it as a test to add to my long-term holdings for the runs in 2018. The remaining 10M was not immediately cancelled so the real ask at .0005s should be thinner.
A 60K paint down at .0003 failed to dupe anyone to sell for a loss at .0003.
For 13 weeks now, nobody has been duped by the fake stacked ask at .0005 or the nonsense from the non-credible bashers on iHub to sell for a loss at .0003.
Only 15M has been picked up on the bid at .0003 in 13 weeks - all of it from insignificant paint downs in conjunction with associated bashing comments on iHub.
Despite all the earlier buys at .0004 in a stealthy manner over the previous weeks, the whale bid was topped up to 96M from 91M today. This represents a net increase of 3M over yesterday despite 5M being bought at .0004 today.
The real ask from MMs other than NITE at .0005 remained about the same at 11M today. It remains to be seen how much of the NITE 43M / 30M figure is fake.
Stay sharp if you don't already have all the shares you need to make your profit expectations in 2017 and up to Q4 in March 2018. Prior warning and / or scanner alerts of any significant buys when the PR comes out will not be given on iHub.
Content below the line mainly unchanged from last update - relevant to those that are new here.
Excellent update recently on the Verified Company Profile share structure at otcmarkets.com from the Transfer Agent (see new sticky #1902) - this has not been PR'ed yet to the wider investing community and has not been spotted by the inattentive on iHub:
O/S and A/S confirmed unchanged.
Float same as for all the runs this year - 50M reduction since Dec 2016.
Another 275M shares retired between Jul 31 and Oct 31 (as promised).
That takes total retired to 425M since May 31 - a significant reduction on such a small A/S and O/S for a stock in this price range.
There are at least 4 x whales who trade $DIGX continuously throughout each year who will be happy to take around 20M each if anyone is stupid or impatient enough to sell for a loss at any level below the current one. Any shares bought at .0004 will be worth an easy 150%+ profit on any of numerous runs likely to happen through to Q3 and Q4. Shares bought at .0005 should easily return 100%+ at some point in 2017 or 2018.
In my experience, 70M>100M is the optimum amount to take best advantage of each run whilst keeping the 25M cheapest batches for the bigger runs next year (especially Q4 in March 2018 when the full year profits will be up). My cheapest 25M retained for next year will not require any shares bought above .0004 now so all others will be tradeable for up to 100% during the remaining runs in 2017.
As expected, the status quo has been maintained throughout the inter Q2/Q3 period with it making little difference to long-term traders whether shares are picked up at .0004/5/6 - they will see a profit on all of them by Q3 / Q4 and on various runs between. The big boys in DIGX will probably be aiming to have an inventory of 50M>120M for trading through to end-2017 and in 2018.
Also expect an element of the .0003 bidders - particularly those unlikely to fill on paint downs in the time remaining before the next run prior to / at Q3 - to continue to buy .0004s and .0005s whilst they are still available until they meet their desired holding. Only 50% of the bid at .0003 hitting the ask at .0005 would be sufficient to take out even the current fake ask if left there.
We can now look forward to additional updates on both the possible merger discussed recently and the implementation of the additional services being offered in the chiropractic chain offices - per the Strategic Growth Plan announced earlier - 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.
$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).
Ludicrous claims by the notorious bashers currently on iHub - "RFB", "munimi", "Crown Capital" and "surfkast" - are clearly seen as such by all serious traders and now even by most short term (next Q) iHubbers.
Debunking nonsense posted by morons on iHub, there is absolutely no need or intention to do a reverse split. The share structure is exceptionally thin - with no dilution - and the company has been buying back shares. OTC market specialists who trade $DIGX continuously would not be loading 50M>100M shares at these inter-Q bottom prices to trade over the next 6 months if there was even the remote possibility of a reverse split.
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).
In addition, money is not considered "dead" by the most successful traders in the OTC market when they know it will provide a significant return further down the line because they are in a position to understand and influence - through keen observation and record keeping - what volume of shares is likely to be made available for purchase at any particular level.
The Q3 was filed on November 16 with better than expected results:
Gross Revenue: $434K
Net profit: $ 63K
This keeps $DIGX on track as a $2M revenue / $250K net profit per year company and rated as a "Going Concern" - almost unheard of in the OTC market.
Until the PR comes out highlighting the excellent results - and hopefully also updating future brand expansion plans - only those who were looking for the Q3 - who mostly already have their shares - have seen it. The PR associated with each Q usually comes out within 1 to 3 business days of filing.
As previously stated, the large additional share retirement of 275M shares since Jul 31 - on top of the 150M retired Dec 2016 > May 2017 making 425M total - has not been PR'ed yet either.
Intense bashing by the usual suspects on iHub and attempts at manipulation continued today.
One of the other whales I know bid 2M at .0004 which was filled (and double printed) - an additional 2M undercut ask at .0004 was cancelled after a period.
Later, 13M was put up on the undercut ask and I took 3M of it as a test to add to my long-term holdings for the runs in 2018. The remaining 10M was not immediately cancelled so the real ask at .0005s should be thinner.
A 60K paint down at .0003 failed to dupe anyone to sell for a loss at .0003.
For 13 weeks now, nobody has been duped by the fake stacked ask at .0005 or the nonsense from the non-credible bashers on iHub to sell for a loss at .0003.
Only 15M has been picked up on the bid at .0003 in 13 weeks - all of it from insignificant paint downs in conjunction with associated bashing comments on iHub.
Despite all the earlier buys at .0004 in a stealthy manner over the previous weeks, the whale bid was topped up to 96M from 91M today. This represents a net increase of 3M over yesterday despite 5M being bought at .0004 today.
The real ask from MMs other than NITE at .0005 remained about the same at 11M today. It remains to be seen how much of the NITE 43M / 30M figure is fake.
Stay sharp if you don't already have all the shares you need to make your profit expectations in 2017 and up to Q4 in March 2018. Prior warning and / or scanner alerts of any significant buys when the PR comes out will not be given on iHub.
Content below the line mainly unchanged from last update - relevant to those that are new here.
Excellent update recently on the Verified Company Profile share structure at otcmarkets.com from the Transfer Agent (see new sticky #1902) - this has not been PR'ed yet to the wider investing community and has not been spotted by the inattentive on iHub:
O/S and A/S confirmed unchanged.
Float same as for all the runs this year - 50M reduction since Dec 2016.
Another 275M shares retired between Jul 31 and Oct 31 (as promised).
That takes total retired to 425M since May 31 - a significant reduction on such a small A/S and O/S for a stock in this price range.
There are at least 4 x whales who trade $DIGX continuously throughout each year who will be happy to take around 20M each if anyone is stupid or impatient enough to sell for a loss at any level below the current one. Any shares bought at .0004 will be worth an easy 150%+ profit on any of numerous runs likely to happen through to Q3 and Q4. Shares bought at .0005 should easily return 100%+ at some point in 2017 or 2018.
In my experience, 70M>100M is the optimum amount to take best advantage of each run whilst keeping the 25M cheapest batches for the bigger runs next year (especially Q4 in March 2018 when the full year profits will be up). My cheapest 25M retained for next year will not require any shares bought above .0004 now so all others will be tradeable for up to 100% during the remaining runs in 2017.
As expected, the status quo has been maintained throughout the inter Q2/Q3 period with it making little difference to long-term traders whether shares are picked up at .0004/5/6 - they will see a profit on all of them by Q3 / Q4 and on various runs between. The big boys in DIGX will probably be aiming to have an inventory of 50M>120M for trading through to end-2017 and in 2018.
Also expect an element of the .0003 bidders - particularly those unlikely to fill on paint downs in the time remaining before the next run prior to / at Q3 - to continue to buy .0004s and .0005s whilst they are still available until they meet their desired holding. Only 50% of the bid at .0003 hitting the ask at .0005 would be sufficient to take out even the current fake ask if left there.
We can now look forward to additional updates on both the possible merger discussed recently and the implementation of the additional services being offered in the chiropractic chain offices - per the Strategic Growth Plan announced earlier - 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.
$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).
Ludicrous claims by the notorious bashers currently on iHub - "RFB", "munimi", "Crown Capital" and "surfkast" - are clearly seen as such by all serious traders and now even by most short term (next Q) iHubbers.
Debunking nonsense posted by morons on iHub, there is absolutely no need or intention to do a reverse split. The share structure is exceptionally thin - with no dilution - and the company has been buying back shares. OTC market specialists who trade $DIGX continuously would not be loading 50M>100M shares at these inter-Q bottom prices to trade over the next 6 months if there was even the remote possibility of a reverse split.
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).
In addition, money is not considered "dead" by the most successful traders in the OTC market when they know it will provide a significant return further down the line because they are in a position to understand and influence - through keen observation and record keeping - what volume of shares is likely to be made available for purchase at any particular level.
American EcoFuels Inc (AEFI) Stock Research Links
"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.
