Trading Summary - July 30. A satisfactory stat
Post# of 4419
A satisfactory status quo day for $EVSV today whilst most top traders were elsewhere jockeying for position on multiple other stocks on my Watch List.
On July 29, 2019 the Transfer Agent updated the Verified Company Profile early to confirm both no dilution of the Common Unrestricted shares and the previously announced 50,000 share reduction - with more known to be coming and a possible share buyback by the company as well.
Multiple traders were bidding in depth again from .6100 to .6300. With no fills from paint downs, all buys were on the ask.
The artificially low ask remained at .6590 - where it retreated to yesterday after the .6550 ask was hit..
As always, almost no shares are being offered under 1.0000 as the majority are in the control of those waiting for a move into the $1 > $2 range and possible uplisting later.
Overall, another 1,022 shares were bought today - all at 6590.
The following items below the line unchanged since the last Trading Summary:
We now have a confirmed target date of mid-September for the harvest of the first hemp crop at the first of several planned production sites.
The top traders in $EVSV aren't going to waste out time nickel and diming trying to fill on the bid when there is so much else going on with Watch List stocks to attend to daily. We will just take out everything on the ask under 1.000 at a time of our choosing.
Top traders who are the movers and shakers of $EVSV will continue the transfer of more of their profits from other trades into $EVSV this week.
Don't expect much to be made available under 1.000.
For those who have been following the "trading successfully through a r/s strategy" since the warning day on January 24, even those who failed to buy in the .4000 > .6500 range over the past 6+ months still have a chance to buy more shares in the .7200 > 1.600 range before the pre-r/s shares come in to play.
The pre-r/s shares from legacy holders aren't going to be significant in number under 2.000 - as is well known to those who were trading in the .0007 > .0011 range pre-r/s for 2 reasons:
- Many amateur iHub mentality traders needlessly sell for a loss as a matter of course as soon as warning is given of a r/s - reducing drastically the number of shares at the former flipper log jam price (which was 1.4000 > 2.000 in "new money".
- Those that kept their shares have had them divided by 2000 - so insignificant in the grand scheme of things bearing in mind we are looking at NASDAQ price levels for $EVSV now.
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.