Trading Summary - May 23. An excellent day for
Post# of 4930
An excellent day for $DIGX with one of the new whales starting to buy significant amounts despite the rest of them that are interested being tied up on mass 1-tick flipping of the .0001 > .0003 stocks today.
A total of 33.9M was loaded today at .0004 - 33M at .0004 (rounded down) and 1M at .0005 (rounded up).
Almost all were buys on the ask - mostly multiple 4M chunks- taking shares either from the basher morons who tried to hold it back or small holders that got duped by the usual basher tricks of putting 10K through at .00038 (shorted but still printed as .0004s).
When one of the bashers tried to put a 10K hold back amount at .0004 - trying to emulate when market makers do that with diluted stocks - a trader knowing that there is no dilution on $DIGX made a buy order at .0005 to make it obvious to all watching that his bluff was being called - there was of course only 10K at .0004 as suspected and the remainder filled at .0005.
The bashers then resorted to playing games with the .0005 ask. Initially it was only 27M. Even after 24M had been bought at .0004 by longs it was still only 27M at .0005 showing none added.
Subsequently an extra fake 10M was added to make it 37M and a further 6M to make it 43M. Thereafter, there were multiple insignificant changes settling at a displayed 36M but in reality less as they can't afford to lose their cheapest shares before a 100%+ run. They play a dangerous game spoofing like that as the whales are likely to take the lot in seconds.
Even 43M at .0005 would only be 5.5% of the volume loaded at .0004 showing that the whale + other longs got the majority of them.
The bid at .0003 was increased incrementally to by 41M to 92M with - of course - no fills. Various amounts were tried at .0004 with little hope of success and were mostly cancelled so as not to get insignificant paint downs from the bashers or impatient small holders. 2.2M was left up in the last 30 minutes and 4.2M there previously for an hour was not whacked.
The price of entry for any significant amount up to 20M is .0005 now.
Thereafter it is likely to be .0006.
Those who haven't yet got 50M+ $DIGX should not leave their ask buying at .0005 > .0006 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.
It's now only about 5 weeks to the end of Q2.
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.
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.