Trading Summary - June 14. A more than satisfa
Post# of 4930
A more than satisfactory status quo day for $DIGX at .0003 x .0004/5 whilst the majority of the main traders in the OTC that follow my system were busy reloading 6 other stocks from my Watch List and trading 2 others.
Today provided irrefutable evidence yet again that someone was attempting manipulation by stacking a fake ask at .0005 (by fake I mean they have that number of shares but do not really want to sell them at that price) to dupe people into thinking that the stock would not run 100%+ and / or that they should sell even or for a loss at .0004.
Although this activity has been going on for weeks - usually with 15M > 40M shares per day - attempting to use 80M > 90M for a total of 116M and then cancelling an exact 40M block - as seen before with 30M out of 76M - was a dead giveaway.
In addition, I already have a positive ID on the person that used "internet impersonation" from June 2017 to February 2018 to create a fake twitter account pretending to be a major trader in the OTC market and $DIGX shareholder who no longer supported the stock - putting out disinformation that was the exact opposite of each valid tweet from the real trader. Once it was pointed out to Twitter that such activity was now a crime punishable by jail plus a $6-figure civil settlement on average with specialist attorneys willing to take on the case, Twitter suspended the fake account - it was one of the iHub bashers. That attempt had no effect on $DIGX trading as the fake account only had 3 followers and anyone who responded to the posts (a mere part handful) was put straight by PM.
In trading today, any .0004s that were put on the undercut ask were bought up - for a total of 43.3M traded..
The only .0003s that could be bought were the insignificant amount that went through on paint downs when one of the whale traders changed his .0004 bid to AON (hidden) for a few hours so as not to get mickey mouse partial fills. This order was changed to non-AON (visible) towards the close to make it clear it was there.
The fake ask at .0005 varied from 72M > 116M as recorded in the contemporaneous record posts that will be used in due course to make a report to the SEC about the bashing / ask stacking manipulation attempts on iHub. It is also telling that the person on iHub who boasted that they would stack the ask artificially was also caught out "pumping" the stock on various non-stock specific iHub boards (at the same time he was bashing on the irrelevant iHub $DIGX board).
At present, the main whales in $DIGX are actively trading several other stocks. Once the daily available cash gets back into $6-figures, the moron may find he loses all his shares in a flash. He obviously didn't learn from his narrow escape yesterday when he tried the same thing at .0004 (literally by a fraction of a second).
With a new President of the company now - and a PR campaign almost certain to follow with details of the strategic plans ahead - brand expansion in TX as already planned, expansion into FL or a reverse merger are all possibilities - there will be a number of days of extreme activity and excitement at some point ahead in 2018 as seen several times in 2017.
The price of entry for any significant amount remains .0005.
Thereafter it is likely to be .0006 [if suspect fake elements at .0005 are cancelled in time].
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.
It's now only about 2 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 and / or forecast for 2018 Q2 to appear before the open each day going forward and / or for all the current ask (.0005) to disappear in seconds again 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.
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.