Trading Summary - March 9. Excellent progress
Post# of 4931
Excellent progress today with the following significant developments:
- Attorney Letter filed regarding 2017 Annual Report - all in order.
- TA updated the share structure on the Verified Company Profile as at Feb 28, 2018 confirming no dilution whatsoever throughout 2017 and in 2018 to date.
- Whale bid of 25M at .0004 for the first time in 2018 - with all bar one of active market makers moving up to .0004.
As $DIGX doesn't have any "insiders" who suddenly appear on forums / social media at various times of the year - only the recognized long-term, repeat traders of it - I deduce that "new money" is now interested after having spotted the Annual Report.
In the meantime, another 2.5M was readily bought at .0004 today but .0005 remains the entry price for anyone wanting to guarantee getting any serious amount above that which might be accumulated from the daily small basher paint downs.
In addition to the new bid of 25M at .0004, the whale bid at .0003 was maintained at the more than adequate level of 80M to keep the basher / flippers boxed out from getting any more .0003s.
As the long-term followers - including at least 5 whales - control the majority of shares bought at .0003/4/5 - and they are not looking to sell anytime soon for less than the market cap - we can expect the "basher" wall to get taken out at some point - especially since a group of OTC off-the-bottom whale traders have been made aware of $DIGX now.
Watch out for any PR making the excellent performance in the 2017 Annual Report known to the wider investor / trading community - perhaps before the open on Monday bearing in mind the filing of both the Annual Report earlier in the week and the Attorney Letter today.
Beyond that, the PR for the 2018 Q1 Results can be expected by around May 16, 2018 based on the 2017 schedule.
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 on multiple runs up to end-2018 and beyond.
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.
Content below the line mainly unchanged from the last update (3Q+4Q deleted / Annual inserted) - relevant to those that are new here.
The following items have not been PR'ed yet:
- Excellent 2017 Annual Report results - $1.98M Gross Revenue / $234K Net Profit.
- Further acquisition plans for brand growth.
- Shares retired in 2017 (425M known to followers here but not PR'ed yet).
In due course, the 2017 results will speak for themselves and - when PR'ed to the wider investing community - we may 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.
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.
As predicted in October 2017, $DIGX was not allowed to go to the 2016 year-end low of .0002 ask at end-2017.
As predicted, the 50M+ .0004s were bought out in just 2 individual seconds and the same is likely to happen with the .0005s.at some point - setting off a run towards .0010 - just like happened in 2017 on a number of occasions.
Any shares bought at .0004 should 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.
The big boys in DIGX now probably already have an inventory of 50M>200M each for trading throughout 2018.
Ludicrous claims by the notorious bashers on iHub - "RFB", "munimi", "surfkast:, "Crown Capital" and "Homebrew" - are clearly seen as such by all serious traders and now even by most iHubbers.
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.