Summary - September 24. Another major leap for
Post# of 4930
Another major leap forward for $DIGXD today.
Having closed on Friday with a possible fake 10K hold back attempt remaining at .2, the price was gapped up 37 minutes prior to the open with a buy of 5194 at .2194 (the fake ask having been cancelled when it failed to dupe people to fill the bid at .15).
At the open, there was initially nothing between the pre-market buy at .2194 and the next buy at .2188.
Thereafter, buying continued all day at .25.
Initially, a whale bid of 24K was put in at .25. When 10K of this was cancelled, one of the manipulators traded into it to create an undercut ask of 15K and a loading wall at .25 hoping to get a fill on the bid at .17.
To counter this, one of the main bidders tried then to buy $8,400 worth at .2.
The person attempted to block at .25 failed to heed the warning to take his ask down and was taken out. The balance of the bid from .2 was then moved up to .25. the ask reverted to just 2500 left at .2887.
Overall, another 50,568 was bought today - almost all at .25 - the only exceptions being the initial 5194 at .2194, 500 at .2597 and 1000 at .2188.
The ticker change to ECOX had been requested for tomorrow. At the time of writing it had not been confirmed in the FINRA Daily List - but FINRA is exceptional busy at present with 43 other actions listed so far for today. If you're a current shareholder, just check your broker Account Position listing tomorrow to see if a new ticker has been allocated and monitor your Level 2 accordingly. I won't request a name change for this board until the new ticker is confirmed so this board will probably still be DIGXD tomorrow.
The total funds on the bid at .25 are more than sufficient to take out anything under .3.
$DIGX should be exceptionally thin to the upside as shown here in the analysis completed yesterday:
https://investorshangout.com/post/view?id=5216669
I would imagine that we will get the first PR of the campaign for the new company around the same time as the ticker change.
Items below the line unchanged from the previous summary - included for new followers - except for this one that has already played out today and has been removed:
$DIGXD Rolling Brief at sticky #3274.
https://investorshangout.com/post/view?id=5216705
Key Points from the Disclosure filed on September 12 at sticky # 3218.
https://investorshangout.com/post/view?id=5206835
The main point to remember is that over 300,000 shares were bought on Aug 28 and Aug 31 by savvy traders who saw the opportunity to have an inventory of shares to trade in the .2 > .5 range.
We now have the added bonus that we know from the filings that the new company President and his funding partner paid .5/.6 and so have the vested interest in getting the price past there towards $1.
That's why I believe we may see a PR campaign start around after the ticker change.
Well done everyone who held during the reverse split - particularly if you also joined in the loading at .1 equivalent on August 28.
As previously stated, $DIGXD should be thin to the upside with most traders wanting to spin out their holdings of .1s > .2s to trade in the .2 > .5 range for 100% to 400% profit since most holdings above were buys at the equivalent of .4/.5/.6 (and those holdings have all been divided by 1000 now).
Ahead watch out for:
- Ticker change being approved - :ECOX has been requested.
- First formal PR.
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.