Summary - December 11. Another satisfactory st
Post# of 4929
Another satisfactory status quo day.
No attempts to paint down today - no change to bid or ask.
The PR associated with the 2017 Q3 - that was filed on November 16 - has not been issued yet. The PR associated with 2016 Q3 came out on December 12, 2016 - see here:
http://www.otcmarkets.com/stock/DIGX/news/DIG...08&b=y
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.
http://www.otcmarkets.com/stock/DIGX/news/DIG...08&b=y
As always, anything could happen at anytime. So stay sharp if you don't already have all the shares you need to make your profit expectations up to Q4 in March 2018 and thereafter in 2018. Prior warning and / or scanner alerts of any significant buys when the PR comes out will not be given on iHub but they will be alerted here immediately.
Content below the line mainly unchanged from last update - relevant to those that are new here.
Only 85M has been picked up on the bid at .0003 in 16 weeks - 55M of it from insignificant paint downs in conjunction with associated bashing comments on iHub from the usual suspects and 30M from the single nonsensical / suspicious transaction on Dec 5.
By comparison, 397M has been loaded at .0004 in the same period.
In the meantime $DIGX has no shortage of long-term GTC bidders at .0003 who will not be cancelling as the clueless might assume. The 4 main whales I know / recognise would - from my previous observations - normally be in for adding 25M > 30M at .0003. They probably already have 55M by my estimation (by deducting what I believe basher / flippers got).
The long-term whales who trade $DIGX will continue to buy shares at any price that makes sense to them to use on multiple runs during the remainder of 2017 (there is usually a Q4 estimate + plans update in December) and throughout 2018. It is already known that at least 3 of the main whales are bidding for shares from the impatient at year end.
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.
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 as at Nov 30, 2017.
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 25M 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 (or 250M at year end for the next year) 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 highs will not require any shares bought above .0004 now so all others will be tradeable going forward.
As expected, the status quo has been pretty much maintained throughout the inter Q2/Q3 PR period with it making little difference to long-term traders whether shares are picked up at .0003/4/5/6 - they will see a profit on all of them by Q4 and on various runs between. The big boys in DIGX will probably be aiming to have an inventory of 50M>150M for trading through to end-2017 and into 2018 up to Q4.
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 / year end PR 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>150M 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.
There have never been any promotion campaigns on $DIGX in the modern era on the current business model - since the acquisition of Expressions Chiropractic & Rehab in January 2016 and I don't think there will be any. The PRs alone + OTC market off-the-bottom specialists spotting the loading on scanners, keeping accurate records and networking with other traders has proved sufficient to generate multiple runs in 2017 and should do the same in future throughout 2018.
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). It remains the top earner in 2017.
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.
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.