Trading Summary - March 29. Yet another day of
Post# of 4419
Yet another day of progress upwards for $EVSV with continued possible evidence that a MM has been instructed to start buying back shares for the company - or another institutional investor - so that they can take advantage of the move into the $1 > $2 range.
All the trading action was reported contemporaneously in earlier posts. The main points were:
- Ask hit buys were all at .5700.
- Only bids at a the realistic level of .5600 were able to buy today - again the bid did not count down until cancelled so the MM was making purchases for someone without wanting to set off a run yet until loaded.
- There were only 2 ludicrous paint down attempts enabling just 528 shares to be bought at .4700. The manipulator only used 28 shares in his first attempt - but when the MMs failed to display it - he used another 500.
- This occasioned 2 more people to outbid the .4700 at .4800 and .4900.
- As both the visible and known invisible bids moved up, the attempt to hold back with 1000 shares at the artificially low ask of .5700 was cancelled when nobody was duped to trade on the bid at the ever increasing levels .4700 / .4800 / .4900.
Overall, another 4,788 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.
Of these, 4,200 - 88% - were at .5600/.5700.
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 will be updating the DD/ Rolling Brief and the Analysis of Loading At Bottom Price Levels over the weekend and may possibly also do a Weekly Trading Summary for March 25-29.
Items below the line unchanged from previous report and still valid [important points emphasized in bold]:
The DD / Rolling Brief and the Analysis of Loading At Bottom Price Levels were updated on March 24, 2019 and are to be found here:
https://investorshangout.com/post/view?id=5390667
https://investorshangout.com/post/view?id=5390658
I also added a Weekly Trading Summary for March 18-22 here:
https://investorshangout.com/post/view?id=5390632
A DD package - prepared by ericace2001 and also posted oniHub - is to be found here:
https://investorshangout.com/post/view?id=5382297
The share structure was updated as at the close on March 19, 2019 - again with no change - and again confirming no dilution.
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.
Two iHub poster have now stated that that they will be buying 100K. Once they have completed their loading, they will be in the same league as myself and the other top traders who have loaded 100K+ each from January 14 onwards - I will be adding more pyramid fashion as we move up - within my "free" cost basis from previous banked profits.
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.
The top traders who are controlling the majority of the Float are happy to keep a wide bid/ask spread - as it will force new interest to hit the ask especially if / when a share buyback is announced - whilst maintaining a r/s level par backstop to absorb any nonsense paint downs from bashers to add to their inventory.
There are now 37 x social media alerters / analysts that have $EVSV on their radar now for continued upward movement - as listed here:
https://investorshangout.com/post/view?id=5390650
There are now 2 x suspect duplicate ID bashers on iHub out of 6 (of which only one remains active). They have provided more evidence for a SEC report and possible action by the Company Attorney by continuing with outright disinformation and defamation - particularly regarding the effect of the r/s and the CEO. They are so engrossed in repeating the same tired old nonsense - eg "shareholders wiped out" when in fact nobody was and competent traders should be 25% up already - that they fail to notice the actual trading action and / or not being competent traders don't know how to interpret the L2 information correctly.
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 .5600 to .5900 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 on / before 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.