Trading Summary - May 9. Excellent progress ma
Post# of 4930
Excellent progress made today - despite the fact that most of the whale traders that are interested in $DIGX were mainly occupied on taking a profit on other 100% runners:
- The undercut ask of 4.8M left at .0004 at the close yesterday was not added to by low-level flippers / bashers and was bought out early on.
- Some of the bid at .0003 was moved up to .0004 to see if the basher / manipulators would part with more their shares they had stacked the ask at .0005 with - they did and .0005 ask was reduced on uptick. As suspected all along, the basher shares used for the .0004 paint downs had been within the NITE block put up late daily at .0005.
- There were 2 x significant buys of 5M on the ask at .0005 plus other small buys as some of the new whales scaled in amongst their other activity elsewhere.
- The bid at .0004 was topped up and increased to a peak of 16M - after no fills in a few hours it was withdrawn so as not to attract paint downs and to have funds ready to hit the ask at .0005.
- A number of the whales known to be in $DIGX and wanting more ended their #boycottiHub to shut down the basher nonsense that has been going on for months (we deliberately let them talk to themselves whilst all interest was over here) and were successful in this.
- The iHub $DIGX board peaked at #18 on the iHub Breakout Board and closed at #21.
- See the sequence of trading as recorded in the contemporaneous record in earlier posts here.
- The ask at .0005 was reduced to 35M at one point but later increased to 41M - still down a net 10M from the last time it upticked.
The bid at the open was 47M (11M higher than previous open) and soon increased to 50M to make sure the basher / flippers didn't get any fills. In addition there was 2.5M on the bid at .0004 in the final hour which got no fills (even paint downs).
Total loading today: 28.6M - split 16.3M at .0004 and 12.3M at .0005.
The .0005 ask was previously only 8% of the inventory loaded at .0004 - because most was secured by repeat whales who will be waiting for 100% > 400% over the next year +. This has now been reduced to 6% as a result of today's further attrition of basher / manipulator holdings [worst case - less if anyone sold for a loss at .0003 at end 2017 or since].
$DIGX closed at .0005 with only 41M left.
.0005 remains the price of entry for anyone wanting a significant amount.
Those who haven't yet got 50M+ $DIGX should not leave their ask buying at .0005 too long if interested. Whales following my Watch List have been banking large multiple $5-figure sums recently which are now available to secure all the shares at a few more levels up on proven repeat runners like $DIGX.
Asks in the 30M>60M range at each each .0001 price point to the upside are relatively easy to deal with on $DIGX as seen on all previous runs where they disappeared in seconds / minutes. Most tickers in this price range need to have 120M>600M bought out to get an uptick.
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.
In particular, watch for a PR on the excellent 2018 Q1 to appear before the open each day going forward and / or for all the current ask (.0005) to disappear in seconds and the second ask (.0006) in minutes thereafter.
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.
Watch out for any PR making the excellent performance in the 2017 Annual Report and 2018 Q1 Report known to the wider investor / trading community.
There should also be an update on the progress of Strategic Growth Plan which includes offering additional services - and hence revenue earning - in each existing office of the chain and acquisition of more already profitable locations to expand the brand.
The following items have not been PR'ed yet:
- Excellent 2017 Annual Report results - $1.98M Gross Revenue / $234K Net Profit.
- Excellent 2018 Q1 results - $486K Gross Revenue / $58K Net Profit.
- Further acquisition plans for brand growth.
- Shares retired in 2017 (425M known to followers here but not PR'ed yet).
The 2017 Annual and 2018 Q1 results speak for themselves and - when we see them PR'ed to the wider investing community in due course - 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.
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" / impatient ask amounts to get taken out at some point.
All the major traders in the OTC that used to mostly one-tick flip huge amounts (100M to 200M each) of .0001 > .0002 almost exclusively - relying on periodic dilution for reloads - are beginning to realize that the new rules now in force may make that impossible. Hitting the ask to make stocks move will become the order of the day. I'm networking to show others how my methods are more profitable anyway - concentrating on real companies with revenue / products / plans and a thin share structure (like $DIGX). For me, there was no Summer slowdown in 2017 with profits for Jun>Aug still in $6-figures thanks to long-term observation, share counting, working out who got what where, and keeping manipulators/bashers/flippers out by hitting the ask.
Of relevance to $DIGX in the long-term, there can now be no new notes issued to stocks currently under .01 (there have not been any new notes recently anyway) and any convertible debt selling is restricted to 20% of the average volume in the last 20 days.
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.
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A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.