Summary - September 25. A satisfactory status
Post# of 4930
A satisfactory status quo day - the last listed as DIGXD.
FINRA promulgated today that it had approved the requested ticker change to ECOX - effective midnight tonight for trading tomorrow.
At the open, the whale bid of 19K at .25 was extant.
The ask was unchanged at .2887 with only 2500 shares there and probably only about 10,000 shares left under .3.
3 insignificant manipulation attempts were attempted - as already reported in earlier posts - and were of course unsuccessful. In fact MMs didn't even bother to list the trades on Level 2.
Only 124 shares could be bought at .25 and 10 shares at .2 today from the paint downs.
The main large scale traders in DIGXD - who bought the .1s (.0001s) on Aug 28 and .1s to .2 s thereafter - are now up to 188% up already and poised for trading in the .3 > .6 range as the ticker change and any updates play out over the coming day / weeks.
Thereafter, above .5, holders of legacy shares will come into play again - these include the new President of the company and Heritage Funding, Inc.
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 in the analysis here:
https://investorshangout.com/post/view?id=5216669
I would imagine that we will get the first PR of the campaign for the new company soon.
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:
- First formal PR.
- Any new website.
- Any new Twitter / Facebook account.
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.