Trading Summary - July 20. A more than satisfa
Post# of 4930
A more than satisfactory day for $DIGX with another 25.7M loaded - almost all at .0005 - ahead of the anticipated update at otcmarkets.com and / or PR giving details of the future business with the new company "Eco Innovation Group, Inc" (or reverse merger with that company if privately owned previously).
Despite 118M+ being reloaded / bought at .0005 since the last time there was serious buying at .0006, only 5M has been added to the ask (now only 50M) reflecting that most buys were by longs.
The bid was increased to 92M+ at .0004 until some was used to buy on the ask when it became obvious to new investors that there were not going to be any fills at .0004 apart from insignificant, illogical, random paint downs from the 2 bashers.
In the event, only 1.39M was able to be bought total at .0004 from 4 small paint downs.
iHub morons "RFB" and "surfkast" ramped up their tired old, non-credible, false narrative which led to numerous post deletions after serious traders took them to task with scant regard for even iHub's inadequate TOS.
Ultimately, the "real" mods got fed up with playing delete / restore ping-pong with "surfkast" who remains a mod at present. The main traders in $DIGX may well go for a #boycottiHub again soon as the PR approaches to further marginalize that minority interest forum in the overall OTC digital world. In any event, the full-detail updates and serious buying alerts will be reserved for loyal followers here.
Overall, the following amounts bought today were:
At .0005: 24.4M
At .0004: 1.3M
We can definitely expect to see a PR in due course and almost certainly a ticker change to one more appropriate to the name of the new company "Eco Innovation Group, Inc."
As seen yet again yesterday, 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 on June 30 so we can look forward to another set of excellent results soon.
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.
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 are long-term comments and 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.