Summary - December 31. A satisfactory status q
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Posted On: 12/31/2018 4:28:13 PM
Summary - December 31.
A satisfactory status quo day for $ECOX whilst most traders in the market were busy bidding and hitting the ask on any Watch List stocks where impatient traders duped by iHub bashers were selling for a tax loss - particularly $EVSV, $OTTV and $AHIX.
On $ECOX, the following was noted:
- At the open, the undercut ask at .2300 from yesterday was cancelled.
- There were no basher paint downs at the open from orders placed before the open.
- The bids in depth were back - below my invisible .1501 - at .1500, .1201, .1200, .1100 and .1000.
- An attempt to undercut the ask at .2499 was abandoned when nobody was duped to sell.
- An insignificant shorted paint down attempt of 749 shares at .15005 - which also failed to dupe anyone to sell - was bought by my extant GTC invisible bid at .1501.
- There was a second insignificant paint down attempt of 15 shares at .1500.
- For the second year running, the whale repeat traders and long-term followers of $ECOX prevented the bashers on the non-influential iHub board from reloading at year bottom prices.
- $ECOX closed at .1500 - representing a 50% increase in shareholder value for those that loaded the .1000 equivalents (.0001s) on August 28 to await the launch of the new company in due course.
It has always been the intent to trade those .1000s 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. That is why there has been very little profit taking in the .1000 to .3500 range relative to the amount loaded in the .1000 to .2000 range.
Expect continued games at the start of 2019 with traders jockeying for position to pick up any shares they can in the .1501 to .3000 range from those that are impatient.
The iHub bashers - having been proved non-credible on $ECOX throughout 2018 - appear to have moved on to other stocks now but I will continue to record their activities.
The waiting game continues for $ECOX with the new company expected to start a PR campaign sometime in 2019 now.
In the meantime there will be plenty going on right from the open on January 2, 2019 for those who loaded my other Watch List picks over the past few months with several expected to pay off straight away.
A satisfactory status quo day for $ECOX whilst most traders in the market were busy bidding and hitting the ask on any Watch List stocks where impatient traders duped by iHub bashers were selling for a tax loss - particularly $EVSV, $OTTV and $AHIX.
On $ECOX, the following was noted:
- At the open, the undercut ask at .2300 from yesterday was cancelled.
- There were no basher paint downs at the open from orders placed before the open.
- The bids in depth were back - below my invisible .1501 - at .1500, .1201, .1200, .1100 and .1000.
- An attempt to undercut the ask at .2499 was abandoned when nobody was duped to sell.
- An insignificant shorted paint down attempt of 749 shares at .15005 - which also failed to dupe anyone to sell - was bought by my extant GTC invisible bid at .1501.
- There was a second insignificant paint down attempt of 15 shares at .1500.
- For the second year running, the whale repeat traders and long-term followers of $ECOX prevented the bashers on the non-influential iHub board from reloading at year bottom prices.
- $ECOX closed at .1500 - representing a 50% increase in shareholder value for those that loaded the .1000 equivalents (.0001s) on August 28 to await the launch of the new company in due course.
It has always been the intent to trade those .1000s 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. That is why there has been very little profit taking in the .1000 to .3500 range relative to the amount loaded in the .1000 to .2000 range.
Expect continued games at the start of 2019 with traders jockeying for position to pick up any shares they can in the .1501 to .3000 range from those that are impatient.
The iHub bashers - having been proved non-credible on $ECOX throughout 2018 - appear to have moved on to other stocks now but I will continue to record their activities.
The waiting game continues for $ECOX with the new company expected to start a PR campaign sometime in 2019 now.
In the meantime there will be plenty going on right from the open on January 2, 2019 for those who loaded my other Watch List picks over the past few months with several expected to pay off straight away.
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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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