Trading Summary - Week May 13-17. A satisfacto
Post# of 4419
A satisfactory status quo week for $EVSV whilst most top traders were busy elsewhere on other picks from my Watch List..
Throughout the week the usual $EVSV pattern - seen for several weeks - of cat and mouse between the longs - bidding both invisibly and visibly between .4000 and .5200 - and the remaining couple of scammers using artificially low asks as a hold back attempt in conjunction with paint downs to try to get bid fills at unrealistic levels.
Overall, another 10,784 shares were bought over the last 5 days.
Those waiting to load "just-in-time" for the move might like to consider buying in the .5200 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.
$EVSV remains the #3 Pick on the Watch List for profit earning potential in 2019 - out-trumped only by and $VYST - which will offer $500K > $1M+ profits if the NASDAQ requirement price is met [trading discipline and patience required] and $TMPS which had a DoD contract awarded that was 4 x the size I was expecting ($121M) when I originally ranked the picks for 2019.
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.
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.
As usual, the TA updated the share structure in a timely manner as at May 10, 2019 - yet again confirming no dilution.
We had 3 excellent video updates from the CEO this week showing the excellent progress made already in 2019 and getting hemp production started in the first state (WI) of up to 7 being considered in the longer term.
I will be updating the DD / Rolling Brief and Analysis of Loading At Bottom Price Levels over the weekend - plus keeping an eye out for any updates from WI on hemp.
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 on iHub - is to be found here:
https://investorshangout.com/post/view?id=5382297
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 more than 74 x social media alerters / analysts that have $EVSV on their radar now for continued upward movement - as listed here (updated figures coming this weekend):
https://investorshangout.com/post/view?id=5418984
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 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 soon after May 31, 2019.
- Further updates to the Hemp Division website.
- Confirmation of hemp seed planting in June [start of soil preparation by April 30, 2019 already confirmed].
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.