Trading Summary - May 17. Excellent progress m
Post# of 4930
Excellent progress made today on $DIGX even though it was one of the busiest for me with multiple other runners on my Watch List and most of the new whale traders that are interested in $DIGX were still mainly occupied on mass trading of cheaper stocks.
Today we had:
- Bid increase at .0003 after the open of 17M to 67M - some of which then correctly hit the ask at .0004 as there have been no significant pick ups at .0003 in weeks.
- Another 17.8M loaded by buying out the ask at .0004.
- Upon uptick, the .0005 ask was only 26M - much less than the 52M seen previously which was mainly from the basher morons on iHub who by their own admission tried to hold it back. However, they have never been a match for the $DIGX whales who have multiple $6-figure and even $7-figure trading accounts for whom patience and accumulation to gain control of a larger portion of the stock is a long-term goal and profitable endeavor.
- The ask at .0005 - as expected - represents only 3.5% of the amount loaded at .0004 - as the whales in it will be holding their shares for much higher returns on future runs in 2018 and beyond.
- The iHub basher morons have been forced to STFU during trading hours for fear of further ridicule. They sometimes creep back in during the quiet hours but of course are only on a minority interest forum (the main one being here as evidenced by the view figures) and they have no credibility.
No shares were traded at .0003 (apart from the ludicrous basher paint downs of 20K as seen many times before).
As predicted in the Trading Summary for May 16, the basher moron(s) wasting more of their scarce .0003s on an undercut ask at .0004 did have the effect of significantly reducing the ask at .0005 down from 52M - and the same can be expected at .0006.
The upside remains thinner on 2 counts - first, any shares the basher(s) sold at .0004 they now no longer have to sell at .0005 or .0006 - and second, those who bought at .0004 will not be selling them at .0005 or .0006.
.0005 is the price of entry for anyone wanting only 5M/10M if they are among the first few to hit the ask.
.0006 is still the price of entry for anyone wanting more than 20M who isn't first to buy tomorrow.
Those who haven't yet got 50M+ $DIGX should not leave their ask buying at .0005 > .0007 too long if interested.
Asks in the 30M>50M 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 traded 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) and possibly third ask (.0007) 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.
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.
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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.