Trading Summary - January 30. Another more tha
Post# of 4419
Another more than satisfactory day for $EVSVD considering that most of the main traders in the OTC - including me - were too busy on multiple other runners from my Watch List to be bothered jockeying for position with the manipulators. We already have our .4000s (or equivalent .0002s from January 14) and don't need to prioritize time on $EVSVD until deciding to take out everything under 1.0000 when a suitable opportunity arises.
The following significant developments were noted today:
- All trades were above the pre-r/s par value .4000 - in fact all were at or above .4200.
- The volume picked up on the bid from basher paint downs was so insignificant that those looking to add below .6000 bought on the ask while it was still available.
- All asks below .4999 were all taken out and the .4999s were started.
- Multiple bids remained in depth in the .4000 to .4200 range - all the small insignificant basher paint downs were absorbed by buys at .4200 with that level being topped up throughout the day.
- In addition, there was the equivalent of 18M shares in "old money" in a backstop bid at .3100 plus at least my multiple part-filled orders at various higher levels as well in case the few remaining bashers tried to be even more stupid than they have been already.
The CEO has obviously spotted the activities of those attempting to defame both the company and himself personally - it wouldn't surprise me if the Company Attorney isn't already looking into the culprits. He made the following comment to another shareholder:
"Let the sheep follow at $1-$2 and beyond it’s the same story all the time. Look at evsv chart over the last 2 years very compelling buy signals here just on technical but add certain things and I think there’s a huge disconnect here. Time will tell soon enough - FARM HEMP EVSV"
The number of non-credible basher / manipulators on iHub appear to have
dwindled to just the two most moronic and unbelievable of the group in the last 24 hours: "KeepItRealistic" (an oxymoron if ever there was one !) and "BionicMan" + soft basher "searay2701" who is more of a disenchanted shareholder than a manipulator. I will continue to record their activities for a possible report to the SEC but they aren't actually having any significant effect apart from on the people they already duped into selling needlessly for a loss from January 14 through to the present.
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.
Overall, 14,895 shares were bought today - the equivalent of almost 30M in "old money" which represented a 42% increase in volume over yesterday.
With all buys being in the .4200 to .4999 range, its is clear that those who can see themselves making a significant profit at some point in 2019 are adding to their inventory if they didn't buy enough at .0002 and .0003 when they had a chance 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.