Copy of a post I just made on iHub correcting anot
Post# of 4419
(Total Views: 180)
Posted On: 06/19/2019 7:32:12 PM
Copy of a post I just made on iHub correcting another's incorrect recollection of the pre-r/s situation:
Incorrect - pre-r/s Jan 13 $EVSV was log jammed by 1-tick flippers at .0007 to .0008 - and .0008 to .0009 above that - and hardly trading at all. Longs were maintaining the .0006 bid - not getting any - and making sure it didn't go lower.
When we got the full day's trading notice of the r/s on Jan 14, weak hands exited, and savvy traders loaded the .0002s and the relatively few .0003s.
The r/s was highly successful for those that held and loaded in the equivalent range of .4000 > .6000 [.0002 > .0003].
The relative few holdings at $1.4 and above [.0007 and above] have been reduced by 1:2000 and the main holders of the low 1.799M O/S have got the majority of their holdings at the bottom prices in the .4000 > .6000 range making the pre-r/s holdings pretty much irrelevant.
Now it just a matter of waiting for a demand-led run and / or the estimates of the profit from the first hemp production harvest and / or additional pest control or DoD infrastructure support contracts.
I certainly don't expect to have to wait as long for a move from current levels into the $1 > $2 range than I was willing to wait for huge volume moves from .0002 > .0003 and above on each previous run in 2018 and 2017.
Incorrect - pre-r/s Jan 13 $EVSV was log jammed by 1-tick flippers at .0007 to .0008 - and .0008 to .0009 above that - and hardly trading at all. Longs were maintaining the .0006 bid - not getting any - and making sure it didn't go lower.
When we got the full day's trading notice of the r/s on Jan 14, weak hands exited, and savvy traders loaded the .0002s and the relatively few .0003s.
The r/s was highly successful for those that held and loaded in the equivalent range of .4000 > .6000 [.0002 > .0003].
The relative few holdings at $1.4 and above [.0007 and above] have been reduced by 1:2000 and the main holders of the low 1.799M O/S have got the majority of their holdings at the bottom prices in the .4000 > .6000 range making the pre-r/s holdings pretty much irrelevant.
Now it just a matter of waiting for a demand-led run and / or the estimates of the profit from the first hemp production harvest and / or additional pest control or DoD infrastructure support contracts.
I certainly don't expect to have to wait as long for a move from current levels into the $1 > $2 range than I was willing to wait for huge volume moves from .0002 > .0003 and above on each previous run in 2018 and 2017.
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"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.