Trading Summary - February 25. A great day for
Post# of 4419
A great day for $EVSV with a few of the other top traders who trade it continuously all year round making their move to take control of an increasing proportion of the extremely limited 1,799K of Common shares in the O/S following the 92% reduction in the A/S that came out after the close on Friday and the consequent confirmation of no intention to dilute.
Having firmly debunked the iHub nonsense from the handful of morons - who had been trying to get .4000s or less since Jan 18 after they failed to buy them on Jan 14 - the market was ready to join in - albeit on a day when there was multiple action on other Watch List stocks like $DNAD $GNCP $CBDD $OTTV.
Most of the action was recorded contemporaneously in earlier posts but here are the highlights:
- At the open, all fake asks that had been walked down on Friday to .4600 - up to .5399 - were found to have been cancelled.
- Once 2000 of the holdback attempt at .5399 had been hit, the remainder was cancelled.
- The stock then gapped up starting the .5985s.
- The manipulators tried a 100 paint down at .4050.
- The basher / manipulator morons tried a holdback at the artificially low .5400 again. When some was bought they tried a paint down again but were thwarted by a hidden bid at .4550.
- Then several people started out bidding each other at .4000 / 4050 /.4100 / .4500 / .4600.
- The bid at .4600 was 17K - presumed to be one of the 26K + 24K (100M total in "old" money) that had been at .3500/.3600 from only 2 days ago but never filled.
- The moron with the hold back attempt at .4700 failed to cancel and lost some of his shares before retreating with the rest to .5300.
- A paint down into the .4700 bid (balance of ask hit) was attempted by the manipulator but was intercepted by a hidden bid at .5000.
- The remainder of the .4700 bid was cancelled and the .5300 ask hit instead as it was obvious that bids would not completely fill and there are not going to be many shares made available under .6000.
- Again after losing some of his shares, the manipulator cancelled the remainder at .5300 and retreated back up to .5400.
- There were subsequently a few insignificant paint downs into the large .4600 bid. The full 17K was never filled.
- The final paint down attempt was intercepted by a hidden bid at .4680 in the closing minutes.
Overall, another 25,902 shares were bought today - 3 x the amount on Friday. All except 100 were in the the much higher .4505 > .5985 range. Of these, 16,859 were in the .4600 to .5000 range and 5,660 were in the .5200 > .5985 range.
iHub will continue to be rendered irrelevant to the trading of EVSV with top traders networking by other means now and most being #boycottiHub.
We also had the following update from the CEO today: "Day #1 in the books US Hemp expo in Rochester MN -2 more days of meeting the remaining pieces to the puzzle. EVSV will be a known name very soon within the Hemp arena"
https://twitter.com/EnviroServInc/status/1099861866652815361
The DD/ Rolling Brief was updated on February 24, 2019 along with the analysis of the % of the low O/S controlled by traders at the bottom levels.
https://investorshangout.com/post/view?id=5359762
https://investorshangout.com/post/view?id=5359749
Items below the line unchanged from previous report and still valid:
The serious traders in $EVSV - with the exception of long / fellow continuous trader "tutankhamans" - are still mostly #boycott iHub for most of the day at the present as we're too busy making money elsewhere.
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 core .4000s (or equivalent .0002s from January 14) and don't need to prioritize time on $EVSV until deciding to take out everything under 1.0000 when a suitable opportunity arises.
There is still very little in asks under .6000 and $EVSV should be extremely thin to 1.000+. Note how correct this turned out to be !
Any one of the significant traders in $EVSV 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, $EVSV 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.