Trading Summary - March 12. Good progress toda
Post# of 4931
Good progress today.
11M+ of the 80M whale bid moved up to .0004 from .0003 and succeeded in buying 11.1M from one or more impatient small holders at .0006 and above (none came off the .0005s) thereby making $DIGX much thinner to the upside in that range.
The 11M was all picked up by longs as none was added to the ask at .0005.
The 50M > 80M bid at .0003 has not managed to get any significant fills in the last 3 months and was mainly there to box the iHub basher / flippers out from getting any more .0003s.
Now the task ahead is to offer to buy at .0004 from any more impatient loss sellers from the .0006 to .0010 range - any such bid at .0004 will continue to have the same effect of denying the basher / flippers reloads at .0003 but will facilitate accumulation for those who want to have enough to trade on all the repeat runs throughout 2018..
However, .0005 remains the entry price for anyone wanting to guarantee getting any serious amount in the 25M>50M range.
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.
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 unchanged from the last update - 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.