Trading Summary - March 13.
Very significant further progress was made today for $EVSV with extensive buying - the majority being on the ask at .4900 and above to a recent high of .5800.
In addition, the company came out with a further update regarding a possible share buyback as follows:
"EVSV considering their options and consulting with our attorney about corporate stock buy back as stock is considered very undervalued in our opinion currently and we have funding in place ."
https://twitter.com/EnviroServInc/status/1105840188935286785
Trading was as already reported in contemporaneous earlier posts.
Highlights were:
- Early hits on the ask took out everything under .5800 that people failed to cancel in time when the share buyback update came out - many had already cancelled on the hemp progress update since the last time the pps was at these levels.
- Thereafter, there were some artificially low asks put up in the .5600 to .5000 range - in attempts to dupe people to sell into bids that were rising and closing the spread.
- The highest bid seen was .5400. The majority that filled were .4900 and above.
- Artificially low asks set in the .5000 to .5800 range were all cancelled once bids were filled - usually within a few minutes.
- Only realistic bids at .4500 and above were filled.
- In late trading, a fake undercut ask was walked down firstly to .4900 - then retreated to .4950 after some of the shares were lost to an ask hit - in failed attempts to see if anyone could be duped to sell at the unrealistic, low bid of .4001.
Overall, another 78,449 were bought today - over 7 x as many as yesterday. All were in the "as near to .4000 / .0002 as makes no difference" range under the .6000 equivalent of .0003 in "old"money. Of these, 46,898 were bought in the .4900 to .5800 range - 10,300 at .5500 or above.
This will remain the main board for analysis of trading action but I have ceased #boycottiHub and am repeating some posts there after viewers here have had a chance to react to each development and buy additional shares first. Only one basher remains on iHub and he has been effectively suppressed by the posts of more credible commentators.
Items below the line unchanged from previous report and still valid [important points emphasized in bold]:
Both the DD / Rolling Brief & Analysis of Loading At Bottom Price Levels were updated on March 10 - and the former was also posted on iHub to debunk the basher nonsense:
https://investorshangout.com/post/view?id=5374767
https://investorshangout.com/post/view?id=5374764
Expect continued loading by stealth - with a mixture of hidden bids, visible large bids and ask hits - until the main traders in this are ready to move it up a bound or so - above .6000 initially.
Don't expect any significant amount to be offered under .6000 as it is not unreasonable to expect to see $1 to $2 at some point in 2019 based on the thin share structure, the majority of shares being in the hands of savvy traders, and multiple catalysts ahead such as the 2018 Annual Report, additional pest control and DoD infrastructure contracts and the startup up of the hemp "fast cash earning" operation.
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 has 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 and / or hitting the ask across a wide spread when an artificially low fake ask is seen .
- 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.
- More bids at higher levels in the .4600 to .5500 range if they prove successful in weeding out a few impatient people.
- Further updates on the progress of entry into the hemp sector - particularly in the other 3 states being considered - as one of the company's diversification efforts.
- Further updates on a share buyback by the company.
Very significant further progress was made today for $EVSV with extensive buying - the majority being on the ask at .4900 and above to a recent high of .5800.
In addition, the company came out with a further update regarding a possible share buyback as follows:
"EVSV considering their options and consulting with our attorney about corporate stock buy back as stock is considered very undervalued in our opinion currently and we have funding in place ."
https://twitter.com/EnviroServInc/status/1105840188935286785
Trading was as already reported in contemporaneous earlier posts.
Highlights were:
- Early hits on the ask took out everything under .5800 that people failed to cancel in time when the share buyback update came out - many had already cancelled on the hemp progress update since the last time the pps was at these levels.
- Thereafter, there were some artificially low asks put up in the .5600 to .5000 range - in attempts to dupe people to sell into bids that were rising and closing the spread.
- The highest bid seen was .5400. The majority that filled were .4900 and above.
- Artificially low asks set in the .5000 to .5800 range were all cancelled once bids were filled - usually within a few minutes.
- Only realistic bids at .4500 and above were filled.
- In late trading, a fake undercut ask was walked down firstly to .4900 - then retreated to .4950 after some of the shares were lost to an ask hit - in failed attempts to see if anyone could be duped to sell at the unrealistic, low bid of .4001.
Overall, another 78,449 were bought today - over 7 x as many as yesterday. All were in the "as near to .4000 / .0002 as makes no difference" range under the .6000 equivalent of .0003 in "old"money. Of these, 46,898 were bought in the .4900 to .5800 range - 10,300 at .5500 or above.
This will remain the main board for analysis of trading action but I have ceased #boycottiHub and am repeating some posts there after viewers here have had a chance to react to each development and buy additional shares first. Only one basher remains on iHub and he has been effectively suppressed by the posts of more credible commentators.
Items below the line unchanged from previous report and still valid [important points emphasized in bold]:
Both the DD / Rolling Brief & Analysis of Loading At Bottom Price Levels were updated on March 10 - and the former was also posted on iHub to debunk the basher nonsense:
https://investorshangout.com/post/view?id=5374767
https://investorshangout.com/post/view?id=5374764
Expect continued loading by stealth - with a mixture of hidden bids, visible large bids and ask hits - until the main traders in this are ready to move it up a bound or so - above .6000 initially.
Don't expect any significant amount to be offered under .6000 as it is not unreasonable to expect to see $1 to $2 at some point in 2019 based on the thin share structure, the majority of shares being in the hands of savvy traders, and multiple catalysts ahead such as the 2018 Annual Report, additional pest control and DoD infrastructure contracts and the startup up of the hemp "fast cash earning" operation.
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 has 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 and / or hitting the ask across a wide spread when an artificially low fake ask is seen .
- 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.
- More bids at higher levels in the .4600 to .5500 range if they prove successful in weeding out a few impatient people.
- Further updates on the progress of entry into the hemp sector - particularly in the other 3 states being considered - as one of the company's diversification efforts.
- Further updates on a share buyback by the company.
Enviro-Serv, Inc. (EVSV) Stock Research Links
"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
