Summary - January 8. A satisfactory status quo
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Posted On: 01/08/2019 5:09:16 PM
Summary - January 8.
A satisfactory status quo day for $ECOX whilst most traders in the market were busy loading several of the cheaper Watch List stocks and taking partial profits on a significant mover..
On $ECOX, the following was noted:
- The undercut ask of 3028 left at .2200 that reappeared yesterday was cancelled before the open.
- It reappeared some time later as 3178 at .2200.
- A paint down attempt of 3572 shares at .1500 was mostly bought by my extant invisible bid at .1501 and another invisible bidder.
- Visible bids in depth remained at .1000 and .1100 - unchanged from all of last week.
Items below the line unchanged (apart from tense) and still valid.
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.
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.
The Verified Company Profile was recently updated as at December 31, 2018 showing no dilution of the unrestricted common shares in 201 and 2019 and the availability of restricted shares to complete the ongoing acquisition.
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 has been plenty going on right from the open on January 2, 2019 for those who loaded my other Watch List picks over the last 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 loading several of the cheaper Watch List stocks and taking partial profits on a significant mover..
On $ECOX, the following was noted:
- The undercut ask of 3028 left at .2200 that reappeared yesterday was cancelled before the open.
- It reappeared some time later as 3178 at .2200.
- A paint down attempt of 3572 shares at .1500 was mostly bought by my extant invisible bid at .1501 and another invisible bidder.
- Visible bids in depth remained at .1000 and .1100 - unchanged from all of last week.
Items below the line unchanged (apart from tense) and still valid.
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.
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.
The Verified Company Profile was recently updated as at December 31, 2018 showing no dilution of the unrestricted common shares in 201 and 2019 and the availability of restricted shares to complete the ongoing acquisition.
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 has been plenty going on right from the open on January 2, 2019 for those who loaded my other Watch List picks over the last 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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