Summary - January 11. Today offered an unexpect
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Today offered an unexpected bonus opportunity for close followers of $IJJP to add .0004s when impatient iHub mentality traders (if it doesn't fly the second day they sell for a commission loss) whacked the bid and created an undercut ask.
I and at least one other of the top whale traders added to our inventory to trade throughout 2019 by buying more shares on the bid at .0004 - around 24M total - and then others took some of the undercut ask at .0004.
The bid at .0003 had been maintained around the 100M level in 60-day GTCs since the breakout from .0002 x .0003 primarily by the whales in this to keep the iHub basher / flippers boxed out from reloading the .0003s they sold at .0004.
The bid at .0003 was subsequently increased to a peak of 107M and the undercut ask at .0004 was 21M at its peak.
Clearly there were not going to be any significant fills at .0003 and so one or two traders took funds off the bid and hit the ask.
$IJJP closed at 98M .0003 x only 13M left at .0004 with another 32M loaded at .0004 today.
Accordingly, the main traders of $IJJP have now successfully not only kept the iHub basher / manipulators from reloading at .0003 but they have also put the relatively few available shares that have a cost basis of .0004 in stronger hands - which will ultimately make $IJJP thinner to the upside.
The key to successful trading of all OTC stocks is to know what volume has been picked up at what cost basis as this gives a clue as to where top traders are likely to sell portions for 100%, 150%, 200% partial profits while keeping the cheapest cost basis shares at all times for "lotto surges" to much higher levels.
This is where the Daily Summary Of Loading helps as it is a worst case - usually there is less at each price point to the upside than the one immediately below as top traders do not flip for just a few ticks - they trade based on what they see and interpret during moves.
Another development spotted recently was the start of action being taken by the CEO of another company against named iHub basher / manipulators - one of whom is also an $IJJP basher. As long-term followers know, I'm already keeping a record of manipulation attempts by named iHub users and everyone following here already knows who to ignore..
Items below the line unchanged from the previous summary:
Despite bashing from proven non-credible morons on iHub over the 2018 tax year-end period in 2018, nobody got .0002s.
The move off the 2019 bottom started in dramatic fashion on January 9, 2019 when 95M was loaded at .0004 + .0005 - 71M of it in a single second - after a few of the whale longs spotted the launch of the new website with detailed plans for entry into the Ethereum cryptocurrency sector.
We can expect $IJJP to get relatively thinner at each uptick - particularly in the .0007 to .0010+ range (about 20M > 30M rather than 50M to 70M) and then extremely thin in the .0011 to .0020 range (about 5M > 10M) - based on the share structure and the volume secured at each cost basis price in 2018 as was evident to those that were paying attention to the full contemporaneous record here.
In addition to being closely watched by top traders who network elsewhere, Penny Stock Geeks (29.7K followers) issued an alert on January 9 to their members as follows:
"New Cryptocurrency Website now live as company positions itself for tremendous 2019. Stay tuned for significant news updates to follow ! #BITCOIN #CRYPTOCURRENCY #BLOCKCHAIN $IJJP https://ijjc.com/ijjcorp-time-line/ … "
Ahead, we can expect to see PRs on the Initial Coin Offering Program which started on January 1, 2019 (per previously released information) and will continue as follows:
Phase 1 - Crowdsale January 1, 2019 to April 1, 2019.
Phase 2 - IJJ Token Sale starts April1, 2019.
In addition, there will be multiple other catalysts throughout 2019 including getting filings up to date, getting upgraded to OTC Pink Current, DTC Chill removal (even though the chill didn't affect the repeat run performance in 2018 as most of the top traders use E*Trade as their broker), and updates to the progress of all projects.
A full list of known catalysts ahead is here:
https://investorshangout.com/post/view?id=5301142
Over the coming days and weeks, we can expect to see continued loading in the .0005 to .0010 range as traders catch up and move profits from other runners over to $IJJP.
IJJ Corporation (IJJP) Stock Research Links
A very apposite motto for those who trade successfully in the OTC market..
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