Summary - October 2. A more than satisfactory
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Posted On: 10/02/2018 4:28:57 PM
Summary - October 2.
A more than satisfactory day for $ECOX whilst awaiting the start of any PR campaign - particularly bearing in mind that one heavily manipulated stock was sucking almost all the new money out of the entire OTC market today by trading 111M at an average of .1 ($10M+) creating a lot of bag holders in the process.
On $ECOX, despite the usual pathetic manipulation attempts by iHub amateurs, nobody was duped into trading any significant amount at the bid price.
As reported earlier today, the manipulator(s) was suspected of bidding at .1500 yesterday and was outbid by me at .1550. Subsequently today, a whale bid was put in at .1650 and he was outbid at .1670.
On the ask, there was originally only 2500 at .2799 (unchanged for the last few days). When hit for 990 shares, the remainder was either cancelled or hidden. The ask then moved all the way up to .2887 with only 2500 there.
It is still estimated that there is probably less than 10,000 left under .3.
Only 200 shares could be bought on the high bid today from the usual insignificant paint down attempt.
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
The TA continues to update the Verified Company Profile in a timely manner monthly - the latest update is as at September 28, 2018.
Ahead watch out for:
- First formal PR.
- Any new website.
- Any new Twitter / Facebook account.
A more than satisfactory day for $ECOX whilst awaiting the start of any PR campaign - particularly bearing in mind that one heavily manipulated stock was sucking almost all the new money out of the entire OTC market today by trading 111M at an average of .1 ($10M+) creating a lot of bag holders in the process.
On $ECOX, despite the usual pathetic manipulation attempts by iHub amateurs, nobody was duped into trading any significant amount at the bid price.
As reported earlier today, the manipulator(s) was suspected of bidding at .1500 yesterday and was outbid by me at .1550. Subsequently today, a whale bid was put in at .1650 and he was outbid at .1670.
On the ask, there was originally only 2500 at .2799 (unchanged for the last few days). When hit for 990 shares, the remainder was either cancelled or hidden. The ask then moved all the way up to .2887 with only 2500 there.
It is still estimated that there is probably less than 10,000 left under .3.
Only 200 shares could be bought on the high bid today from the usual insignificant paint down attempt.
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
The TA continues to update the Verified Company Profile in a timely manner monthly - the latest update is as at September 28, 2018.
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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