Trading Summary - August 20. Another satisfact
Post# of 4930
Another satisfactory status quo day for $DIGX at .0003 x .0004 whilst awaiting updates, the end of the Summer vacation season in 2-3 weeks time and all currently active OTC whale traders in $DIGX busy elsewhere.
The visible bid was maintained at 102M all day - probably with other large hidden AON orders as well.
The fake stacked ask was unchanged and is still estimated to be 31M out of 46M. This fake element via NITE was put up noticeably later today - almost a full minute after the open. Again it failed to dupe any small holders to sell for a loss at .0003.
Again there were no paint down attempts from the basher morons today although they were still active with their repeat nonsense posting over the weekend.
The fake stacked ask will have no effect on the main whale traders who will still buy out any ask left at .0004 when we get the first update on the new company or whenever it suits them otherwise to increase their inventory of shares to use in the future into 2019.
The funds from interested traders watching $DIGX at all times are still sufficient to take out the .0004s + .0005s + .0006s in seconds to minutes at any time of their choosing as already seen in 2018 and multiple times in 2017.
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."
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 so far 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. In 2017, the Q2 results were filed on August 21.
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.