Trading Summary - March 18. Another more than
Post# of 4419
Another more than satisfactory day for $EVSV - particularly bearing in mind that top traders were too busy making money on the surges on $VYST and $HIPH all day to be bothered with getting in amongst the manipulation attempts on $EVSV.
Despite that, the manipulators did not succeed at all in picking up any shares on the bid at the unrealistic low levels of .4100/.4400 - or indeed at any price.
Whenever they attempted to walk a fake ask down to an artificially low level ask - at .5000/.5100/.5300 - they lost some shares before retreating again. They also wasted 118 shares on a failed paint down attempt at .4100.
All the action was recorded contemporaneously in earlier posts.
Overall, another 2,848 shares were bought today - all were in the "as near to .4000 / .0002 as makes no difference" range under the .6000 equivalent of .0003 in "old"money at .5000/.5100/.5300 (except for the 118 share paintdown).
This will remain the main board for analysis of trading action. I will make occasional posts on iHub to debunk nonsense and keep the correct analysis in my single Mod sticky and 1 > 3 Plus 1 slots.
I updated both the DD / Rolling Brief and the Analysis of Loading At Bottom Price Levels yesterday:
https://investorshangout.com/post/view?id=5381842
https://investorshangout.com/post/view?id=5381838
A DD package was also prepared by ericace2001 and posted here and on iHub:
https://investorshangout.com/post/view?id=5382297
There are now 30 x social media alerters / analysts have $EVSV on their radar now for continued upward movement:
https://investorshangout.com/post/view?id=5381833
A new arrival on iHub has stated he is looking to add 100K shares - that alone would probably get us to .8000+ and possibly even to $1.0000.
Items below the line unchanged from previous report and still valid [important points emphasized in bold]:
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.
- Update to the share structure between March 20 and March 31, 2019.
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.