Summary - December 21. Another satisfactory st
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Posted On: 12/21/2018 4:17:40 PM
Summary - December 21.
Another satisfactory status quo day for $ECOX on what was yet again a very busy and profitable day elsewhere with another of the long dormant stocks on my Watch List continuing to move up and reloading opportunities on 3 others.
On $ECOX:
- A new visible bidder in depth - below my invisible extant .1501 - reappeared with 5000 at .1500 [seen several days ago].
- The previous 5000 at .1300 was still there as were all the others in depth to the 10,000 backstop at .1000.
- First ask was lowered to 3572 at .2100 - that person seems determined to lose his shares if he doesn't cancel.
- There were no basher paint downs.
With only 4 trading days left in 2018, the whales in this should be able to eat up any shares that might be sold for a loss by small holders - there is the equivalent of 20M in old money in visible bids alone in the .1000 to .1500 range - and of course most of the .0001s (.1000s now) were bought by the main whales in this on August 28 specifically to trade in the gap up to .6000 where the bulk of the legacy shares - including those of the company president and his funding partner - have their cost basis. So they won't be selling.
Content below unchanged and still valid:
Expect continued games for the remainder of 2018 with traders jockeying for position to pick up any shares they can in the .1501 to .3000 range from those that are impatient. We can also expect the iHub basher morons to be in the mix again as they always are on the low float / low volume stocks at year end. The 100% runner today also had an irrelevant iHub board with mainly bashers there.
The waiting game continues for $ECOX. Realistically it would make sense for the company to not start the PR campaign until the 2019 now. In the meantime, the President has now hired an Executive Assistant (posted on otcmarkets.com).
Most whale traders in my tier will already have a $6-figure tax bill for 2018 and usually bid sit through to year-end on the higher price stocks over .1000 to absorb any cheap shares from the impatient who want to take a tax loss. I'll be bidding at various levels and also taking any ask I see that makes sense in my overall pyramid of holdings - thick at the bottom - thin at the top.
In the meantime, there is plenty going on elsewhere to keep Watch List followers occupied.
Another satisfactory status quo day for $ECOX on what was yet again a very busy and profitable day elsewhere with another of the long dormant stocks on my Watch List continuing to move up and reloading opportunities on 3 others.
On $ECOX:
- A new visible bidder in depth - below my invisible extant .1501 - reappeared with 5000 at .1500 [seen several days ago].
- The previous 5000 at .1300 was still there as were all the others in depth to the 10,000 backstop at .1000.
- First ask was lowered to 3572 at .2100 - that person seems determined to lose his shares if he doesn't cancel.
- There were no basher paint downs.
With only 4 trading days left in 2018, the whales in this should be able to eat up any shares that might be sold for a loss by small holders - there is the equivalent of 20M in old money in visible bids alone in the .1000 to .1500 range - and of course most of the .0001s (.1000s now) were bought by the main whales in this on August 28 specifically to trade in the gap up to .6000 where the bulk of the legacy shares - including those of the company president and his funding partner - have their cost basis. So they won't be selling.
Content below unchanged and still valid:
Expect continued games for the remainder of 2018 with traders jockeying for position to pick up any shares they can in the .1501 to .3000 range from those that are impatient. We can also expect the iHub basher morons to be in the mix again as they always are on the low float / low volume stocks at year end. The 100% runner today also had an irrelevant iHub board with mainly bashers there.
The waiting game continues for $ECOX. Realistically it would make sense for the company to not start the PR campaign until the 2019 now. In the meantime, the President has now hired an Executive Assistant (posted on otcmarkets.com).
Most whale traders in my tier will already have a $6-figure tax bill for 2018 and usually bid sit through to year-end on the higher price stocks over .1000 to absorb any cheap shares from the impatient who want to take a tax loss. I'll be bidding at various levels and also taking any ask I see that makes sense in my overall pyramid of holdings - thick at the bottom - thin at the top.
In the meantime, there is plenty going on elsewhere to keep Watch List followers occupied.
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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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