Trading Summary - February 8 . Significant pro
Post# of 4419
Significant progress was made today with traders with an interest in $EVSVD being able to increase both their individual holding of "as near to .0002 / .4000 as makes no difference" shares and the overall percentage of the limited 1,798K available that is held at this bottom level.
This has the advantages of:
- Making $EVSVD much thinner to the upside as the shares have been bought from those selling at a loss from higher prices - because they are impatient, don't hold enough legacy shares and don't have the skill to work out a plan of action regarding what to buy where, or were duped by the iHub scammers.
- Putting even more of the very low O/S of 1,798K shares in the hands of relatively few top traders - or those who follow their lead - who can be trusted to trade them responsibly during surges on multiple catalysts ahead.
The manipulation games today were ridiculous but have provided much new evidence - as reported contemporaneously in earlier posts today - should I decide to submit a report to the SEC.
Most extreme were MMs refusing to fill large ask slaps from me early on - for over 7 minutes whilst they scrabbled around for shares to cover any short position - and the ramped up level of nonsense from the usual suspects on iHub.
Ironically, the attempted manipulation nonsense is actually assisting those taking control of the cheapest shares - as the iHub scammers pin their hopes on filling on the bid - which the top traders in this are able to stop them doing if they wish - while the movers and shakers add on the ask.
Overall, another 71,730 shares - over 3.3 x yesterday's high volume and the equivalent of 143M in "old money" - were bought up today. The majority of these were hits on the ask at .3800 soon after the open and thereafter at the artificially low undercut ask of .3400.
I took about 1/5 of those but held back to make sure I stay below the reportable % of the A/S because we know there is a large reduction coming imminently. So there are at least 4 x other big traders in this adding the equivalent of 30M in "old money" today or a lot more smaller yet significant traders.
This weekend I'll update the previous analysis of the increasing % of the "as near to .4000 as makes no difference" bottom price shares held by savvy traders in their inventory for trading throughout 2019.
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 mostly #boycott iHub at the present as we're too busy making money elsewhere - although I did make the odd nonsense debunking post today just to make the morons aware I'm on the case.
Items below the line unchanged from previous report and still valid - one update transferred from above the line to below since the last Summary in bold:
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"
Update from February 5: "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
News - February 7. Enviro-Serv, Inc. Announces Plans to Farm Hemp in Wisconsin in 2019 and Attendance at Upcoming Midwest Central US Hemp Expo in Rochester, MN.
https://finance.yahoo.com/news/enviro-serv-in...00317.html
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.