Trading Summary - February 5. ------------------
Post# of 4419
Another satisfactory day for $EVSVD.
The following was noted today:
- Again, all the shares bought were as near to the effective bottom price of .4000 as makes no difference.
- Another bidder came in with 8000 at .3801 - the equivalent of 16M in "old money".
- Overall, 6,334 shares were bought today - the equivalent of over 12M in "old money" and an increase on yesterday - all in the .3800 to .3825 range - as savvy traders continue to accumulate by stealth.
Very little is left in asks under .6000 now and $EVSVD should be extremely thin to 1.000+.
The serious traders in $EVSVD - with the exception of long / fellow continuous trader "tutankhamans" - are still #boycott iHub at the present as we're too busy making money elsewhere.
There was yet another update from the CEO today:
"EVSV investors February filled with nothing but great news most exciting month coming up in corporate history stay tuned. Your patience is appreciated and should be extremely well rewarded and charts don’t lie."
https://twitter.com/EnviroServInc/status/1092769549223628800
Items below the line unchanged from previous report and still valid - some items transferred from above the line to below since the last Summary or rephrased for emphasis :
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
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"
iHub postings continue to show that most on that amateur forum do not understand how to trade through a reverse split successfully, how to interpret Level 2 details correctly, or even how to trade successfully at all. There was no excuse for not making multiple 5-figure profits on $EVSV in both 2017 and 2018 or indeed multiple 4-figure profits already in 2019 - as evidenced by the contemporaneous record on this forum.
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.
See the recent update on how thin $EVSVD is to the upside here:
https://investorshangout.com/post/view?id=5335762
Most of the main traders in the OTC - including me - are too busy 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.
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.
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.