Trading Summary - April 2. A satisfactory stat
Post# of 4419
A satisfactory status quo day for $EVSV whilst all the top traders were either occupied with getting an increased position on my Watch List stock $OTTV - which was starting a major move up - or jockeying for position in non-Watch List .000x stocks that didn't move as expected.
$EVSV remains the #1 Pick on the Watch List for profit earning potential in 2019.
As previously stated, we are not going to waste our time playing in among the manipulation action apart from taking out asks when it suits us.
All the trading action was reported contemporaneously. The main points were:
- All manipulation efforts failed - any paint downs were met with topped up bids at the then current level and then higher bids (at .5100 and .5200 above the .5000 and .5050 from yesterday and still in place today).
- The most ludicrous manipulation attempt was a paint down with 1 share at .5100 at 12:13:17. This was countered with a 200 buy at .5900.
- Not only was it proven yet again that bids need to be above .5000 even to have limited success - they now have to be at .5200 or above.
- Whenever a fake, artificially low ask was put up - variously at .5700 and .5550 - some of the shares were lost to ask hits and the remainder was not filled immediately, reduced or cancelled.
- It is still the case - for the second day running - that 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.
Overall, another 5,774 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, 2,698 - 47% - were in the .5500 > .5900 range.
A further 2,150 - 37% - were in the .5200 > .5499 range.
A further 1,169 - 4% - were at .5474 / .5500 / .5789.
The remainder (only 926 from early paint downs) were all at .5050 / .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.
Items below the line unchanged from previous report and still valid [important points emphasized in bold]:
The DD / Rolling Brief, Analysis of Loading At Bottom Price Levels, and Weekly Trading Summary were all 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
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.
The 2018 Annual Report was filed on time with improved financials.
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 posters 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 additional pest control and DoD infrastructure contracts, the startup up of the hemp "fast cash earning" operation, and expansion into as many as 7 states.
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 50 x social media alerters / analysts [up 13 in 8 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 50% > 70% 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 rang e 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 6 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.