Trading Summary - June 19. Another huge pivota
Post# of 4930
Another huge pivotal day for $DIGX.
In early trading, the fake ask at .0005 was initially 49M and then increased to 60M after a few minutes.
The bid at .0004 was consistently in the 40M > 63M range all day - which included 20M changed to a hidden AON order early on so as not to get partial fills from mickey mouse paint downs.
There were less games played today - with the bid staying fairly stable at its increased levels and the ask counting down from its fake peak of 60M.
Only 3.3M could be bought on the ask at .0004 today.
When a 2M test buy was made on the ask, the fake element was immediately reduced by 17M - but then added back on again after a few seconds when there were no other immediate buys. That revealed at least 17M of the ask was fake [that is the manipulator trying to dupe more people to trade at .0004 really didn't want to sell at .0005 and was planning on cancelling the order if he was able to so as to conserve his limited number of .0004s for the next 100% > 150% run].
That moron had now had 3 narrow escapes in 3 days where he had been able to cancel a large portion of the fake ask before it was bought.
An element of the bid was then cancelled to free up funds for ask hits.
At 15:59:47, a whale buyer - presumably one of the new group that had taken an interest in the no-brainer set-up on $DIGX - even before the new President / new business plan / possible reverse merger dimension came into the picture late last week - made a decisive 24M buy at .0005 (correcting initial post of 25M) taking out a large element of the fake ask.
Overall, 29.7M was loaded today as follows:
At .0005: 26.3M
At .0004: 3.4M:
My estimate of the real ask is in the 15M >25M range now.
The price of entry for the first 15M > 25M in orders placed before the open remains .0005.
Thereafter it is likely to be .0006 [if remaining fake elements at .0005 are cancelled in time before they can fill].
Those who haven't yet got 50M+ $DIGX should not leave their ask buying at .0005 > .0006 any longer 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 less than 2 weeks to the end of Q2.
As always, anything could happen at anytime - as seen in the closing seconds today. 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.
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.
In addition, also watch daily for any PR that might also include the excellent 2018 Q1 and / or forecast for 2018 Q2 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.
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.