Trading Summary - June 29. Another more than s
Post# of 4930
Another more than satisfactory accumulation day for $DIGX with much less able to be bought at .0005 compared to yesterday and 2M+ ask hits at .0006 starting again.
It was a very slow day across the OTC market today with many people taking up to a week off across the July 4 holiday.
At the open, 2M had been cancelled from the fake element of the ask and more intel was gathered on the amount in days trades from those that don't really want to sell but were trying to get more .0005s.
Those trying to dupe people into selling made a few sacrificial sells at .0005 early on - as seen before - but the bid was topped up by eager buyers peaking at 18M.
When it was obvious that bids were not going to fill, 2M was taken off the bid to make a 2.2M buy on the ask at .0006 along with 3 other smaller buys.
Main development today was the Company Profile starting to get updated on otcmarkets.com correlating with the detail already spotted on the updated Annual List filed with NV SOS on June 12, 2018. So far, the new address for the Corporate HQ is up - the new CEO name is not up yet nor has the Business Description been updated.
At the close, there was only 21M shown left on the ask at .0006. Even if all this is real, it would represent only 1.5% of the shares loaded below at .0004+.0005 as the majority are holding to trade on repeat runs in the .0011 > .0020 range.
The price of entry for the first person to place an order for 10M > 15M remains .0006.
Thereafter, it is likely to be .0007 depending how quickly any fake element in the .0006 ask is cancelled after it is hit. We have seen people get lucky before by placing an order either before the open or in the closing seconds.
Those who haven't yet got 50M+ $DIGX should not leave their ask buying at .0006 > .0007 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 in 2017 - and now in 2018 as well - where they disappeared in seconds / minutes.
2018 Q2 ended today so we can look forward to another set of excellent results soon.
Also, we can expect to see the TA confirm yet again no dilution in 2017 or 2018 when they do their monthly update to the Verified Company Profile within the first few days of July.
As always, anything could happen at anytime - particularly so with Tweets expected. 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 ahead in 2018 as seen several times in 2017.
In addition, also watch daily for any PR or Tweet that might include the excellent 2018 Q1 and / or forecast for 2018 Q2 and / or for all the current ask (.0006) to disappear in seconds and the second 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.
The company recommenced communication with shareholders on June 20 via Twitter - after silence since last August. It just announced the takeover by the new CEO [see earlier posts].
In the meantime, the company has been quietly getting on with banking significant profits - as seen in the 2017 Q4 and 2018 Q1 results - but now long term followers can look forward to updates on the next chapter.
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 also 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 .0006 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 at any level below .0010 to get taken out at some point.
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 never considered "dead" - a term misused by iHub basher morons - 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.
Indeed that has already proved to be the case in 2018 for those that have been buying off the bottom since 2017 Q3 with $DIGX already showing gains of 100% > 20% - depending on entry at .0003/4/5 - when it reached .0006 and trading significant amounts there (82M) on June 26.
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.