Trading Summary - May 10. Another excellent an
Post# of 4930
Another excellent and pivotal day for $DIGX - despite the fact that most of the whale traders that are interested in $DIGX were mainly occupied on loading a .0002 stock from my Watch List.
At the open, there was only 37M left at .0005 - 4M having been cancelled by those trying to hold it back as they couldn't afford to lose anymore of their limited number of .0003s/4s as they can't be replaced now.
Thereafter, a series of decisive medium size buys - 4 x 5M - and a number of smaller buys - reduced the ask to just 15M left at .0005.
Subsequently 2M was added to the ask before the close.
Despite 23M of the whale bid at .0003 moving up to .0004 to stop the bashers reloading, only 6M was bought on the bid at .0004 from small paint downs.
A 2M trade at .0004 with 90 seconds to go did not dupe anyone to trade more at .0004 and the bid was maintained.
Closed at 21M .0004 x only 17M .0005.
40M more loaded today - 6M at .0004 and 34M at .0005.
As stated previously at .0002 x .0003 and .0003 x .0004, those that bid sit rather than hitting the ask are liable to have to pay 1 to 2 ticks more to get in.
The .0005 ask was previously only 8% 2 days ago - then 6% yesterday - 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 only 4% 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].
.0005 remains the price of entry for anyone wanting only 10M>15M (if they're quick at the open). Otherwise the price of entry is now .0006.
Those who haven't yet got 50M+ $DIGX should not leave their ask buying at .0005 and .0006 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 .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.
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.