Summary - October 8. Another satisfactory day
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Posted On: 10/08/2018 4:10:15 PM
Summary - October 8.
Another satisfactory day for $ECOX whilst awaiting the start of any PR campaign - with all the the top traders busy on multiple other runners today among stocks with updates.
Again there was no change to the bid or ask at the open.
Thereafter, there was an insignificant paint down of 1000 at .1670.
Subsequently, a small holder decided to take a 67% profit on 9000 shares by trading at .1670.
It then appears that the 10K bought at .1670 was offered on an undercut ask of .2700 (which would net the buyer $1000 profit).
A whale bid of 71K then came in at .1520 ($10,792).
The 10K traded at .1670 (10M in old money) means that $ECOX will now be even thinner in the .03 > .06 range.
There is still only 2500 left at .2887.
It is still estimated that there is probably less than 10,000 in the .2887 to .0300 range.
Items below the line 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). 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.
Another satisfactory day for $ECOX whilst awaiting the start of any PR campaign - with all the the top traders busy on multiple other runners today among stocks with updates.
Again there was no change to the bid or ask at the open.
Thereafter, there was an insignificant paint down of 1000 at .1670.
Subsequently, a small holder decided to take a 67% profit on 9000 shares by trading at .1670.
It then appears that the 10K bought at .1670 was offered on an undercut ask of .2700 (which would net the buyer $1000 profit).
A whale bid of 71K then came in at .1520 ($10,792).
The 10K traded at .1670 (10M in old money) means that $ECOX will now be even thinner in the .03 > .06 range.
There is still only 2500 left at .2887.
It is still estimated that there is probably less than 10,000 in the .2887 to .0300 range.
Items below the line 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). 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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