Trading Summary - April 17. Another satisfacto
Post# of 4419
Another satisfactory status quo day for $EVSV but also with some forward progress with more hold back amounts taken and / or an impatient smallholder taken out making it thinner to the upside.
Again today all top traders in the OTC were concentrated on $VYST all day. After the lack of a signature from the previous auditor delayed the filings, shorts took advantage of the situation and it offered unexpected opportunities for additional loading and surge profit taking which were too valuable to pass up.
$EVSV remains the #2 Pick on the Watch List for profit earning potential in 2019 - outtrumped only by $VYST which will offer $500K > $1M+ profits if the NASDAQ requirement price is met [trading discipline and patience required].
As previously stated, the top traders in $EVSV are not going to waste our time playing in among the manipulation action apart from taking out asks when it suits us and maintaining a basher / flipper reload denial bid.
All the action was recorded contemporaneously in earlier posts. the main points were:
- At the open, the artificially low ask at .5400 was still present.
- An outrageous manipulation attempt was made by shorting at a set price of of .3500 - despite there being invisible bids at .5000 from at least myself, visible bids at .4750, and a part filled bid at .4500 from me and a bid at .4000. Of these, 1,241 and 1,734 was bought by me further filling parts of the bids at .5000 and .4500 - but given to me for .3500 - bypassing the remainder of the .4750 bid and everything else above .4000.
- Nobody was duped by this manipulation attempt and a further walked down ask for 2,000 at .5100 was rapidly bought out.
- Bids in the .4000 > .5000 range were topped up and .5200s started.
Overall, another 15,970 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, 8,070 were bought at . 5200/.5300/.5400 - 2,000 were bought at .5100 - and 1,734 were bought by a bid at .5000.
Those waiting to load "just-in-time" for the move might like to consider buying in the .5850 to .5999 range while they still can - assuming they don't already have the amount they consider necessary to meet their profit goals when the stock reaches into the $1 > $2 range.
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 and Analysis of Loading At Bottom Price Levels were both updated on April 14, 2019:
https://investorshangout.com/post/view?id=5413582
https://investorshangout.com/post/view?id=5413574
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 April 12, 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 64 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=5413264
There are now 5 x suspect duplicate ID bashers on iHub. 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.
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 .5700 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 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 19, 2019.
- "Under Construction" to be removed from the now already live hemp website.
- Confirmation of soil preparation starting by April 30, 2019 and then hemp seed planting in May / June.
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.