Trading Summary - Week March 18-22: -------------
Post# of 4419
(Total Views: 152)
Posted On: 03/24/2019 2:11:38 PM
Trading Summary - Week March 18-22:
Another excellent week for $EVSV.
The following was noted:
- Another 25,595 shares were bought in the "as near to .4000 / .0002 (old) as makes no difference" range of .4000 to .6000.
- This follows 103,715 shares bought the the previous week March 12-16 which took out multiple basher / manipulator walked down hold back attempts and probably also the majority of the pre-r/s smallholders leaving for a loss (which appear to have dried up now $EVSV is looking so good for a move above $1). Hence why relatively fewer shares were available at the lower end of the .4000 to .6000 range this week.
- Two more new buyers declared an intent to load 100K - one of them has 40K shares already.
- The base was firmly moved into the .5000 to .6000 range for ask buys.
- Ask buys occurred daily - and at higher levels - in the .5000 to .6000 range - as it became evident to new interest that buys on the bid from paint downs would be insufficient to load any significant amount before $EVSV gets moved up into the $1 > $2 range.
- The main traders of $EVSV maintained a basher / manipulator paint down backstop at .4000 and above throughout the week.
- Initially they deliberately let a bid / ask spread develop: it forces new interest to buy on the ask and it makes small holders less inclined to bid whack. By Friday, a number of visible bidders were competing with each other at multiple levels - including above .4500 at .4550 and .4600 - but were of course not able to buy much as the majority of the DTC available shares are held by those looking for $1 > $2.
- A number of the basher / manipulator paint downs were intercepted and bought at much levels - in the .4683 to .5400 range - from invisible bids. Bids are invisible if set as All Or Nothing (AON) - but of course will not fill if the amount set is not met - or if they are below the threshold for display set by each individual MM at their discretion.
- At least one MM was buying from paint downs without reducing the bid shown (at .4550 and .4600) so was probably under instructions from a client to collect a larger amount of shares in a price band at the best price available.
- No shares could be bought from below .4000.
Ahead we can expect:
- Increased loading by ask hits. In particular, savvy traders - including me - will be adding prior to and immediately after the .6000 break for a variety of reasons including:
--- Take control of an increased percentage of the available Float to maximize profits in the $1 > $2+ range.
--- Have shares to trade for a conservative profit of 75% to 100% before $EVSV gets to level at which pre-R/S cost basis lots come into play - mainly $1.4000 and above - so as not to defray the inventory holdings of the cheapest cost basis shares at .3500 > .4500 until much nearer $2 (before the majority of pre-r/s shares at $2.4000 and above come into play).
- Increased competitive visible bidding in the .4600 > .5500 range.
Another excellent week for $EVSV.
The following was noted:
- Another 25,595 shares were bought in the "as near to .4000 / .0002 (old) as makes no difference" range of .4000 to .6000.
- This follows 103,715 shares bought the the previous week March 12-16 which took out multiple basher / manipulator walked down hold back attempts and probably also the majority of the pre-r/s smallholders leaving for a loss (which appear to have dried up now $EVSV is looking so good for a move above $1). Hence why relatively fewer shares were available at the lower end of the .4000 to .6000 range this week.
- Two more new buyers declared an intent to load 100K - one of them has 40K shares already.
- The base was firmly moved into the .5000 to .6000 range for ask buys.
- Ask buys occurred daily - and at higher levels - in the .5000 to .6000 range - as it became evident to new interest that buys on the bid from paint downs would be insufficient to load any significant amount before $EVSV gets moved up into the $1 > $2 range.
- The main traders of $EVSV maintained a basher / manipulator paint down backstop at .4000 and above throughout the week.
- Initially they deliberately let a bid / ask spread develop: it forces new interest to buy on the ask and it makes small holders less inclined to bid whack. By Friday, a number of visible bidders were competing with each other at multiple levels - including above .4500 at .4550 and .4600 - but were of course not able to buy much as the majority of the DTC available shares are held by those looking for $1 > $2.
- A number of the basher / manipulator paint downs were intercepted and bought at much levels - in the .4683 to .5400 range - from invisible bids. Bids are invisible if set as All Or Nothing (AON) - but of course will not fill if the amount set is not met - or if they are below the threshold for display set by each individual MM at their discretion.
- At least one MM was buying from paint downs without reducing the bid shown (at .4550 and .4600) so was probably under instructions from a client to collect a larger amount of shares in a price band at the best price available.
- No shares could be bought from below .4000.
Ahead we can expect:
- Increased loading by ask hits. In particular, savvy traders - including me - will be adding prior to and immediately after the .6000 break for a variety of reasons including:
--- Take control of an increased percentage of the available Float to maximize profits in the $1 > $2+ range.
--- Have shares to trade for a conservative profit of 75% to 100% before $EVSV gets to level at which pre-R/S cost basis lots come into play - mainly $1.4000 and above - so as not to defray the inventory holdings of the cheapest cost basis shares at .3500 > .4500 until much nearer $2 (before the majority of pre-r/s shares at $2.4000 and above come into play).
- Increased competitive visible bidding in the .4600 > .5500 range.
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"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.