Analysis of Trading At Bottom Price Levels - Updated July 14, 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:
--- 1,625K x as near to .4000 as makes no difference.
--- Also, we have seen ask hits on the .6475 already in the last 4 days with almost nothing left under .7000 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 .5202 (or below). However, these attempts were consistently thwarted for a 15th week by the $EVSV longs not only maintaining visible and invisible bids but also taking out undercut asks without warning.
- Hence, those that secured the .4000s > .5999s now control up to 90% of the 1,799K Unrestricted O/S and up to 95% of the 1,711K shares available at the DTC.
- Accumulation from new interest last week was a whopping 200,286 shares.
- This means relatively few shares are likely to be made available by those holding shares under .7000 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 July 1, 2019 - there was no change.
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 mid-July, 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:
--- 1,625K x as near to .4000 as makes no difference.
--- Also, we have seen ask hits on the .6475 already in the last 4 days with almost nothing left under .7000 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 .5202 (or below). However, these attempts were consistently thwarted for a 15th week by the $EVSV longs not only maintaining visible and invisible bids but also taking out undercut asks without warning.
- Hence, those that secured the .4000s > .5999s now control up to 90% of the 1,799K Unrestricted O/S and up to 95% of the 1,711K shares available at the DTC.
- Accumulation from new interest last week was a whopping 200,286 shares.
- This means relatively few shares are likely to be made available by those holding shares under .7000 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 July 1, 2019 - there was no change.
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 mid-July, 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.
