Trading Summary - July 10 . Another day of dra
Post# of 4419
Another day of dramatic progress today for $EVSV.
Soon after the open, the person who attempted a holdback with 1000 shares at 5800 - put up just before the close yesterday after the next ask at .5875 was already up - was bought out.
Multiple asks were cancelled - at least 2000 at .5988, 3000 at .5999 and 1000 at .6000 - and the .6000+ break was easily achieved.
Those that only bid rather than hit the ask were left behind as they put bids in at .5500 / .5600 / .5800 / .5900.
All asks under .6475 were cancelled and the .6475s were started.
Then a selfish, impatient moron traded 4000 on the bid at .6100 which gave those trying to hold it back an opportunity to try to dupe others to sell into the bid.
Via MM NITE, they initially put 8K at .6000 - then made it 18K - then walked elements of it down through .5800 to .5600 - in an attempt to get bid fill around .5500.
This action continued - with hidden bids making buys above .5500 - for instance at .5515 / .5530 / .5540 / .5541 / .5551 - whilst the artificially low hold back attempt ask at .5600 was bought out.
In the closing seconds, a 4000+ buy set at .5799 - took out the remaining .5600s and the .5799 - leaving 1000 at .5800.
NITE who had previously had the fake 18K at .6000 to dupe inexperienced traders had retreated by the close to .6475.
The majority of significant trades were reported here contemporaneously in earlier posts.
Largest bid above .5800 was 10K.
Largest bid above .6000 was 4K at .6100.
Nobody was able to buy from paint downs below .5450 today (soon after open only).
Overall, another 89,921 shares were bought today in the range .5450 > .6475 - up on the 52,317 shares bought yesterday mostly in the .5100 > .5800 range.
Of these, 69,063 were in the "as near to .4000 as makes no difference range of .4000 > .5999" [.0002 in old money] and 20,858 were in the .6000 > .6475 range [.0003 in old money].
For those following my strategy for trading through a successful r/s, $EVSV continues to play out exactly as predicted - with almost nothing expected to be offered in the .6000 > 1.000 range for the oft stated reasons in the DD / Rolling Brief.
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.