Trading Summary - April 1. An excellent day fo
Post# of 4419
An excellent day for $EVSV with:
- Significant progress made towards getting the .6000+ break.
- Ask hits of 5000 taking out hold back amounts - particularly when the hod was undercut by morons attempting manipulation.
- Proven again that bids need to be above .5000 even to have limited success.
- Traders need to hit the ask - as well as bidding - to even be able to get 10,000 shares in a day - let alone 100,000 as 2 are known to be trying for.
- Annual Report out on time with improved financials.
- 2 x updates from the company - announcing a new hemp specific website coming soon and highlighting the Annual Report (and bashing the basher morons who hopefully are now under observation by the Company Attorney !).
All the trading action was reported contemporaneously in earlier posts. The main points were:
- Before the open, asks at .5888 and .5979 were cancelled.
- Early on, 2,029 in ask hits took out those attempting a hold back on the undercut ask left over from Friday at .5900.
- A further 6,100 in ask hits started the .5999 - creating a recent new high - and took out almost all remaining under .6000+ - only 1,725 were left.
- 2 new visible bidders came in at .5000 and .5100 - above the .4900 left at the close on Friday.
- Those new bidders had limited success in being able to buy when the basher / manipulator games started - 5,120 at .5100 and 1,501 at .5000 (including 1 share set at .4700).
- Invisible bidders also picked up 150 at .5900, 169 at .5789, 1,000 at .5500, 991 at .5474 and 4,025 at .5000.
- In the final hour, large (for this) ask hits set across the .5800 > .5949 range took out 5,250 at .5800 and 1,741 at .5949.
- This occasioned 2 more people to outbid at .5000 and .5050 again to catch any paint downs.
Overall, another 28,085 shares were bought today - nearly 6 x the amount on Friday - 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, 10,200 - 36% - were at .5900 /.5949 / .5999.
A further 5,250 - 19% - were at .5800.
A further 1,169 - 4% - were at .5474 / .5500 / .5789.
The remainder were all at .5000 / .5100.
Note that - yet again - no buys whatsoever were possible under .5000.
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.
The 2 updates from the company today were as follows:
Update: " EVSV posted 2018 record revenues last night for the 4th straight year disclosure statement and attorney letter forthcoming this week. Q1 2019 dilution virtually at zero. Evsv bashers are so far off base it’s literally a JOKE we are the cleanest most transparent Pink period !!!"
https://twitter.com/EnviroServInc/status/1112692539369443331
Update: "EVSV HEMP UPDATE OUR NEW WEBSITE SHOULD BE FUNCTIONAL VERY SOON DOMAIN WWW.GOFARMHEMPEVSV.COM IM ATTENDING UW-MADISON HEMP GROWING CLINIC APRIL 15. April 30th me and Farm team will move to Beaver Dam to prepare for June planting of Hemp - WATCH US GROW"
https://twitter.com/EnviroServInc/status/1112701598218813441
The DD / Rolling Brief, Analysis of Loading At Bottom Price Levels, and Weekly Trading Summary were updated on March 31, 2019 and are to be found here:
https://investorshangout.com/post/view?id=5397959
https://investorshangout.com/post/view?id=5397942
https://investorshangout.com/post/view?id=5397740
Items below the line unchanged from previous report and still valid [important points emphasized in bold]:
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 29, 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 48 x social media alerters / analysts [up 11 in 7 days] that have $EVSV on their radar now for continued upward movement - as listed here:
https://investorshangout.com/post/view?id=5390650
There are now 3 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 around April 12, 2019.
- Hemp website to go live in the coming days.
- Confirmation of hemp planting on / around April 30, 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.