Summary - October 22. A more than satisfactory
Post# of 4930
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Posted On: 10/22/2018 4:19:08 PM
Summary - October 22.
A more than satisfactory progress day for $ECOX at higher levels moving the ask up again - .2887/8 to .2998 - as reported in the contemporaneous earlier posts today.
At the open, the fake 7K+ that gets put up on an unrealistically low undercut ask at periodic intervals was not present at .2800 - the basher / manipulator that does it attempting to get filled on the bid doesn't want to risk losing his shares if one of the whale in ECOX hits the ask before the open.
The ask reverted to the real .2887.
When the ask wasn't hit immediately, the usual paint down attempt of 500 shares at .2300 was made but of course nobody was duped to sell.
Next, aggressive buying by those who correctly recognized that there is almost no difference between buying at .2300 - or indeed anywhere under .3000 - when looking to get to .6+, took out the .2887s and .2888s and the real ask went straight to .2998 with only 5000 there.
When the momentum wasn't sustained - as most of the big traders were busy elsewhere - the manipulator / basher put his 7K+ up again but at a higher unrealistic undercut ask level of .2900.
The top bid remained at .2300 - with little likelihood of getting filled.
At these higher price levels, minimum shares to be shown on bid / ask are at the discretion of individual MMs. The current settings still appear to be 5K on the bid and 2.5K on the ask.
Overall, another 12,020 was bought today - almost all of it by hitting the ask at .28878.
There were just 2 ludicrous, insignificant paint downs from the basher(s) - for 500 shares and 20 shares at .2300 - details have been added to the log being compiled on the activities of iHub basher / manipulators.
The DD / Rolling Brief sticky was updated this weekend to reflect the recent loading and likely imminent breakout above .3.
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.
- 2018 Q3 financials.
A more than satisfactory progress day for $ECOX at higher levels moving the ask up again - .2887/8 to .2998 - as reported in the contemporaneous earlier posts today.
At the open, the fake 7K+ that gets put up on an unrealistically low undercut ask at periodic intervals was not present at .2800 - the basher / manipulator that does it attempting to get filled on the bid doesn't want to risk losing his shares if one of the whale in ECOX hits the ask before the open.
The ask reverted to the real .2887.
When the ask wasn't hit immediately, the usual paint down attempt of 500 shares at .2300 was made but of course nobody was duped to sell.
Next, aggressive buying by those who correctly recognized that there is almost no difference between buying at .2300 - or indeed anywhere under .3000 - when looking to get to .6+, took out the .2887s and .2888s and the real ask went straight to .2998 with only 5000 there.
When the momentum wasn't sustained - as most of the big traders were busy elsewhere - the manipulator / basher put his 7K+ up again but at a higher unrealistic undercut ask level of .2900.
The top bid remained at .2300 - with little likelihood of getting filled.
At these higher price levels, minimum shares to be shown on bid / ask are at the discretion of individual MMs. The current settings still appear to be 5K on the bid and 2.5K on the ask.
Overall, another 12,020 was bought today - almost all of it by hitting the ask at .28878.
There were just 2 ludicrous, insignificant paint downs from the basher(s) - for 500 shares and 20 shares at .2300 - details have been added to the log being compiled on the activities of iHub basher / manipulators.
The DD / Rolling Brief sticky was updated this weekend to reflect the recent loading and likely imminent breakout above .3.
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.
- 2018 Q3 financials.
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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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