Analysis of Loading At Bottom Price Levels - Updated May 27, 2019 [main points & significant updates in bold].
$EVSV is now much thinner to the upside for the following reasons compared to when 1-tick flippers were stacking the .0008s pre-r/s:
- There are now only 1,799,196 Unrestricted Common Shares available for free trading.
- Of these, only 1,711,605 are available at the DTC for retail trading [this figure unavailable prior to February 4, 2019].
- Of these, the significant traders in $EVSV - including those following the same method I use to trade successfully through a r/s - bought the following large quantities of previously cheap shares:
---- 400M x .0002 = 200K x .4000
---- 100M x .0003 = 50K x .6000
---- 46M x .0004 - 23K x .8000
- Since the highly successful r/s, those same top traders - plus those who didn't buy during the limited window on January 14, 2019 - have bought additional amounts at the bottom price levels bringing the total to:
--- 1,297K x as near to .4000 as makes no difference [up another 6K in the last 5 days].
--- Also, we have seen ask hits on the .5999 already within the last 35 days - and at .5700 within the last 20 days - with almost nothing left under .6000 apart from artificially low undercut asks put up by basher / manipulators in attempts to match their fake narrative and get bid fills at unrealistic low levels at .5000 (or below). However, these attempts were consistently thwarted for a 8th week by the $EVSV longs maintaining visible or hidden bids at .4500 and above and picking up those paint downs set lower.
- Hence, those that secured the .4000s - or as near to it as makes no difference - now control up to 72% of the 1,799K Unrestricted O/S and up to 76% of the 1,711K shares available at the DTC.
- When you add the .0003s / .6000s as well, they now control up to 1,455K - 81% - the 1,799K Unrestricted O/S and up to 85% of the 1,711K shares available at the DTC.
From the recent CEO comment about the Float being a lot less, those control percentages are actually much higher. This means relatively few shares are likely to be made available by those holding shares under .6000 until the stock moves up into the $1 > $2 range.
The top traders using the above method are not averaging down - they are going to be trading from the bottom up looking for 100% > 500% on multiple individual lots over time throughout 2019 during which there will obviously be several runs due to further share reductions, further improved financials from the pest control core business, additional government infrastructure support contracts, and of course now the diversification into the hemp sector, updates on the progress of hemp production in up to 7 states and a possible share buyback.
The top traders are not concerned about the minority of their shares that are at the higher pre-r/s prices - albeit those bought at 1.4000 (.0007) > 2.000 (.0010) are likely to go into profit as well at some point.
In the unlikely event that they don't, they have an option to get their large tax bills down by selling the higher price pre-r/s shares for a loss at the end of the year by planning ahead and leaving a 60-day wash sale avoidance window - hence why it is important to buy the cheapest shares - firstly under .6000 - then under $1.20 (where the cheapest pre-r/s announcement shares were bought) early.
The share structure was updated by otcmarkets.com as at the close on May 10, 2019 - reflecting just a 15,000 increase in Restricted shares.
There has been no dilution of the Unrestricted shares available for trading since the 92% reduction of the A/S that took place on February 22, 2019 after the successful r/s.
Look out for the next update to the share structure soon after May 31, 2019.
This confirms the intent to use the r/s to raise the pps rather than to dilute.
$EVSV is now much thinner to the upside for the following reasons compared to when 1-tick flippers were stacking the .0008s pre-r/s:
- There are now only 1,799,196 Unrestricted Common Shares available for free trading.
- Of these, only 1,711,605 are available at the DTC for retail trading [this figure unavailable prior to February 4, 2019].
- Of these, the significant traders in $EVSV - including those following the same method I use to trade successfully through a r/s - bought the following large quantities of previously cheap shares:
---- 400M x .0002 = 200K x .4000
---- 100M x .0003 = 50K x .6000
---- 46M x .0004 - 23K x .8000
- Since the highly successful r/s, those same top traders - plus those who didn't buy during the limited window on January 14, 2019 - have bought additional amounts at the bottom price levels bringing the total to:
--- 1,297K x as near to .4000 as makes no difference [up another 6K in the last 5 days].
--- Also, we have seen ask hits on the .5999 already within the last 35 days - and at .5700 within the last 20 days - with almost nothing left under .6000 apart from artificially low undercut asks put up by basher / manipulators in attempts to match their fake narrative and get bid fills at unrealistic low levels at .5000 (or below). However, these attempts were consistently thwarted for a 8th week by the $EVSV longs maintaining visible or hidden bids at .4500 and above and picking up those paint downs set lower.
- Hence, those that secured the .4000s - or as near to it as makes no difference - now control up to 72% of the 1,799K Unrestricted O/S and up to 76% of the 1,711K shares available at the DTC.
- When you add the .0003s / .6000s as well, they now control up to 1,455K - 81% - the 1,799K Unrestricted O/S and up to 85% of the 1,711K shares available at the DTC.
From the recent CEO comment about the Float being a lot less, those control percentages are actually much higher. This means relatively few shares are likely to be made available by those holding shares under .6000 until the stock moves up into the $1 > $2 range.
The top traders using the above method are not averaging down - they are going to be trading from the bottom up looking for 100% > 500% on multiple individual lots over time throughout 2019 during which there will obviously be several runs due to further share reductions, further improved financials from the pest control core business, additional government infrastructure support contracts, and of course now the diversification into the hemp sector, updates on the progress of hemp production in up to 7 states and a possible share buyback.
The top traders are not concerned about the minority of their shares that are at the higher pre-r/s prices - albeit those bought at 1.4000 (.0007) > 2.000 (.0010) are likely to go into profit as well at some point.
In the unlikely event that they don't, they have an option to get their large tax bills down by selling the higher price pre-r/s shares for a loss at the end of the year by planning ahead and leaving a 60-day wash sale avoidance window - hence why it is important to buy the cheapest shares - firstly under .6000 - then under $1.20 (where the cheapest pre-r/s announcement shares were bought) early.
The share structure was updated by otcmarkets.com as at the close on May 10, 2019 - reflecting just a 15,000 increase in Restricted shares.
There has been no dilution of the Unrestricted shares available for trading since the 92% reduction of the A/S that took place on February 22, 2019 after the successful r/s.
Look out for the next update to the share structure soon after May 31, 2019.
This confirms the intent to use the r/s to raise the pps rather than to dilute.
Enviro-Serv, Inc. (EVSV) Stock Research Links
"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
