Trading Summary - July 26. A less than ideal d
Post# of 4930
A less than ideal day for $DIGX with one medium scale and a few small scale impatient / weak handed holders deciding to trade for a loss as reported contemporaneously in earlier posts.
Of the the 76.5M bought on the bid at .0004, it is estimated that around 30M may have gone to the basher / manipulators as that's what appeared on the undercut ask at .0004 subsequently in an attempt to get .0003s.
17M was bought on the bid at .0003 - none of which was added to the ask at .0004 - so all that went to longs.
Then 7.6M was bought on the ask at .0004.
So total bought today:
At .0004: 84.1M
At .0003: 17M
The bid at .0003 was topped up and increased to 100M +.
The one positive from today's activity is that 101M was traded by the iHub mentality weak hands that would have been tempted to flip for just 1 or 2 ticks when we eventually get a run and so it will now be thinner to the upside between .0005 and .0010. That far outweighs the obstacle of a relatively small ask at .0004 which will disappear in seconds bought by whichever whale first spots an update (or simply has time to deal with the situation when not busy on other stocks).
We continue to wait for confirmation from the new CEO on the nature of the deal with Eco Innovation Group, Inc.
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 recently, 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.
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.