Summary - October 1. A satisfactory status quo
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Posted On: 10/01/2018 4:10:40 PM
Summary - October 1.
A satisfactory status quo day for $ECOX whilst awaiting the start of any PR campaign - the entire OTC market was almost at a standstill today.
The ask remained at 5000 at .2779 with a probable less than 10K total being offered under .3.
The large bidder at .2100 was finally able to buy the 10K he / she wanted as one impatient small holder willing to trade for 100% profit.
The TA updated the share structure in the Verified Company Profile in a timely manner (see updated sticky already posted).
Items below the line mainly unchanged from the previous summary - included for new followers (some items moved from above to below the line):
$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). See analysis here: https://investorshangout.com/post/view?id=5216669
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 - the entire OTC market was almost at a standstill today.
The ask remained at 5000 at .2779 with a probable less than 10K total being offered under .3.
The large bidder at .2100 was finally able to buy the 10K he / she wanted as one impatient small holder willing to trade for 100% profit.
The TA updated the share structure in the Verified Company Profile in a timely manner (see updated sticky already posted).
Items below the line mainly unchanged from the previous summary - included for new followers (some items moved from above to below the line):
$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). See analysis here: https://investorshangout.com/post/view?id=5216669
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.