Trading Summary - August 22. Usual cat and mou
Post# of 4419
Usual cat and mouse games continued today - apart from buying at .5200 and .5500 early on I was fully occupied on multiple other movers elsewhere today.
Overall, another 12,912 shares were bought today in the same range .5105 to .5500 as yesterday by those waiting for $1 > $2 who added more to their inventory holdings while prices are ultra cheap.
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.
For the last 2 weeks there have been 2 x update videos each week - we had 2 x updates on Tuesday one of which was a video (see earlier posts).
The 2019 Q2 was filed on August 7, 2019 in a timely manner (see separate post) and gave a very good description of the holding company $EVSV's current portfolio and partnerships (unable to copy - read in filing).
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 up until the first hemp crop revenues come out.
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 > .7150 range over the past 6+ months still have a chance to buy more shares in the .7700 > 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.
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.
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.