Trading Summary - January 29. A more than sati
Post# of 4419
A more than satisfactory day with an update from the CEO confirming both progress on entry into the hemp sector and a share reduction ahead.
Whilst most of the main traders in the OTC were too busy on multiple huge runners from my Watch List to be bothered jockeying for position with the manipulators, there were significant developments today.
The non-credible basher / manipulators on iHub were unable to paint the stock down repeatedly today and whenever they tried to undercut the ask, after higher asks had already been hit, their activities were recorded here for possible inclusion in a report to the SEC and they ended up cancelling most before they could be hit or as they got hit so they lost the minimum number of cheap shares.
There were multiple traders outbidding each other in depth in the .4000 to .4200 range and there was also at least one invisible bid at .4215.
Very little is left in asks under .6000 now and $EVSVD should be extremely thin to 1.000+.
Any one of the significant traders in $EVSVD could move it to 1.000 single handed if they chose to. I might do it myself just to deny the cheap shares to the basher / manipulators on a day that is relatively inactive on my other top picks.
The serious traders in $EVSVD (with the exception of long / fellow continuous trader "tutankhamans" who continues to correct the bashers) are still #boycott iHub at the present as we're too busy making money elsewhere.
On iHub, the same basher scammers were continuing to post blatantly false information regarding trading and future prospects and were joined by another today with no significant posting history on $EVSVD or indeed on any stock or on any serious forum. Refer to my latest contemporaneous record to be included in a report to the SEC for the current list of morons to be ignored.
Overall, 10,508 shares were bought today - all at higher prices than the last few days - mostly above .4000 (the r/s par) and as high as .4844 - by those who can see themselves making a significant profit at some point in 2019 - from those that were either duped to sell or were happy to sell for a loss because they now held an insignificant amount of shares having failed to load at .0002 on January 14.
Items below the line unchanged from previous report and still valid + latest update added:
Excellent update from the CEO on January 15 confirming the reasons for the restructuring and updates ahead.
Further update from the CEO on January 16 as follows:
"I just returned from Michigan with amazing synergies and opportunity with both hemp and medical marijuana experts who want in on Enviro- Serv -some pics from 1 legal grow I visited Monday - Today Santana meets with IFAS again. Enviro being pro active and soldiering forward"
https://twitter.com/EnviroServInc/status/1085541270985019392
Further update from the CEO on January 29 on progress of diversification into hemp + plans for share reductions:
"This past weekend had both David Santana and Dr Roth at the hemp expo in Denver note the Enviro-Serv badge &making great strides in Michigan and Wisconsin on our hemp initiatives. Also revising authorized share amount down to reflect the new capital structure of EVSV. Farm Hemp"
https://twitter.com/EnviroServInc/status/1090241468550311936
iHub postings continued to show that most on that amateur forum still clueless as to how a reverse split is handled by brokers, how to trade through one successfully, or how to interpret Level 2 details correctly.
All the current trading is still all as near to .4000 (.0002 pre-r/s) as makes no difference considering we can expect to see $1.0000+ in due course.
$EVSVD remains thin to the upside as most shareholders understand the potential for a rapid run up in the 1.0000 to 2.0000 range as the cost basis of the next significant portion of shares after .4000 is not until 1.4000 / 1.6000 (former .0007s / .0008s) and they are much less numerous than the .4000s. Almost nobody got anything in between on the way down.
Overall, $EVSVD continues to play out exactly as I expected and suggested it would for those following my proven "trading through a r/s" strategy. It is maintaining the pre-r/s par of .0002 / .4000.
Ahead expect:
- Continued manual and further automatic outbidding.
- Closing of the spread.
- More hits on the ask from those that failed to load .0002/3/4 [.4000 > .8000] on January 14 before the r/s and who only have .0005 [1.000] and above.
Enviro-Serv, Inc. (EVSV) Stock Research Links
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.