Summary - September 28. A satisfactory status
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Posted On: 09/28/2018 5:00:32 PM
Summary - September 28.
A satisfactory status quo day for $ECOX whilst awaiting the start of any PR campaign with bidders ascertaining if they can pick up any more shares at the new base price (.21) before they hit the ask at the top of the spread.
There was no change to the bid or ask today.
The ask remained at 5000 at .2779 with a probable less than 10K total being offered under .3.
Nobody was able to buy on the bid today - hardly surprising as those that bought the .1s are waiting to get .4/.5/.6.
Expect higher bids to become visible - AON bids are not shown - and ask buys in due course from those who bid unsuccessfully.
$ECOX 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 mainly unchanged from the previous summary - included for new followers:
$ECOX Rolling Brief at sticky #3293.
https://investorshangout.com/post/view?id=5219347
Key Points from the Disclosure filed on September 12 at # 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 soon.
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, $ECOX 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.
A satisfactory status quo day for $ECOX whilst awaiting the start of any PR campaign with bidders ascertaining if they can pick up any more shares at the new base price (.21) before they hit the ask at the top of the spread.
There was no change to the bid or ask today.
The ask remained at 5000 at .2779 with a probable less than 10K total being offered under .3.
Nobody was able to buy on the bid today - hardly surprising as those that bought the .1s are waiting to get .4/.5/.6.
Expect higher bids to become visible - AON bids are not shown - and ask buys in due course from those who bid unsuccessfully.
$ECOX 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 mainly unchanged from the previous summary - included for new followers:
$ECOX Rolling Brief at sticky #3293.
https://investorshangout.com/post/view?id=5219347
Key Points from the Disclosure filed on September 12 at # 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 soon.
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, $ECOX 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.
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
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