Trading Summary - January 23. More progress ma
Post# of 4926
More progress made today - as the countdown to the first PR and / or Q4 continues - with another 3M of the limited number of .0005s that is likely to be made available prior to the next run being bought out.
About 3M was cancelled from the ask at the open by one indecisive seller.
Within the 41M remaining at .0005, part / all of the NITE amount (21M) is suspect (just as it was at .0004) - as it is put up late daily each morning well after the open - and may get cancelled as soon as we get one or two more medium size buys in the 3M>5M range.
After the medium size buy of 3M, yet again one of the bashers painted down with 750K at .0003 in an attempt to paint charts - the one who commented about MACD clearly too stupid to know that charts are of no relevance to OTC stocks in general and even more so on stocks like $DIGX where the bulk of the shares at the cheapest 2 levels are controlled by longs. Needless to say, nobody was duped to sell.
I was too busy loading multiple other stocks to watch $DIGX all day but an adequate bid of at least 72M was maintained at .0003 to ensure that the basher / flippers were prevented from getting .0003s.
The .0004 bid is pretty much irrelevant now as people should know - or will soon discover - that they will need to buy on the ask at .0005 - and not be slow to do so - before the .0005s are taken out in seconds too at some point.
This top profit earner of 2017 - from regular repeat runs as shown in post # 2189 - has now started its' breakout 2-ticks above the end-2017 price that followers here and on social media have had every opportunity to load since Sep 15. They also had the opportunity to buy .0004s from Aug 23 and recently for a few weeks.
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 throughout 2018.
Prior warning and / or scanner alerts of any significant buys starting a run up will not be given on iHub but they will be alerted here immediately. Next week is going to be hectic as several of my picks could move dramatically from the open on Monday after developments / loading today.
Content below the line unchanged from last update - relevant to those that are new here.
Be aware that, in 2017, PRs came out in both Jan and Feb. Likely items to be PR'ed are:
- Shares retired in 2017 (425M known to followers here but not PR'ed yet).
- Excellent 3Q results.
- Provisional 4Q results - including anticipated dramatic increase over 3Q due to additional services now being provided in the chiropractic offices - in Strategic Growth Plan - equipment already acquired at start of Q4).
- Further acquisition plans for brand growth.
237M bought at .0003 since August 23 - the majority by longs building an inventory of shares to be traded on the several runs that are likely to come in 2018.
All followers of $DIGX here have had no excuse for not being set up for 2018 already. There was ample opportunity to load a combination of .0003s and .0004s for 21+ weeks from Aug 23, 2017 to Jan 19, 2018.
As predicted, the .0004s were bought out in just 2 individual seconds and the same is likely to happen with the .0005s. - setting off a run towards .0010 - just like happened Jan 17-19, 2017 before the first PR.
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
In due course, the Q4 results will speak for themselves and - when PR'ed to the wider investing community - we should see serious additional new interest due to the low O/S and relatively high positive revenue for a stock in this price range - just as happened for the 2016 Q4 and the 2017 Q1 and Q2.
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 #2148) - this has not been PR'ed yet to the wider investing community:
A/S and O/S confirmed unchanged as at Dec 31, 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 O/S and A/S for a stock in this price range.
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 throughout 2018. It is already known from posted comments and observation that at least 4 of the main whales bought shares - on the bid and on the ask - from the impatient at the end of 2017.
As predicted, at least 4 x whales who trade $DIGX continuously throughout each year were happy to take around 100M at .0003 when a few impatient people decided to trade for a loss at .0003 on December 14.
The big boys in DIGX now probably already have an inventory of 50M>200M each for trading throughout 2018.
Any shares bought at .0004 will be worth an easy 150%+ profit on any of numerous runs likely to happen through to Q4. Shares bought at .0005 should easily return 100%+ at some point in 2018.
In my experience, 70M>100M is the optimum amount to take best advantage of each run (and starting the year with an inventory of around 250M) whilst keeping the 25M cheapest batches for any bigger runs that might occur in the .0020 > .0050 range at some future point. My cheapest 25M retained for that eventuality will not require any shares bought above .0003 now so all others will be tradeable going forward.
As expected, the status quo has been pretty much maintained throughout Q4 2017 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 in March 2018 and on any runs beforehand.
We can now look forward to additional updates on both the possible merger discussed and the implementation of the additional services being offered in the chiropractic chain offices - per the Strategic Growth Plan that was also announced earlier - over the coming days, weeks and months.
As predicted in October 2017, $DIGX was not allowed to go to the 2016 year-end low of .0002 ask at end-2017.
In my opinion, nobody has bought $DIGX in 2017 at a price that it isn't likely to exceed in 2018.
Ludicrous claims by the notorious bashers currently on iHub - "RFB", "munimi", "Crown Capital", "Homebrew" and "surfkast" - are clearly seen as such by all serious traders and now even by most 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 have loaded 50M>250M shares at end-2017 prices to trade over the next 12 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 was the top earner in 2017 and remains the top pick for repeat runs in 2018.
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.