Trading Summary - Week August 19-23. Another s
Post# of 4419
Another satisfactory status quo week for $EVSV with the usual cat and mouse game of artificially low ask from a manipulator failing to dupe people to sell on the bid and then cancelling his ask or retreating when hit. He confuses traders being busy elsewhere with a lack of interest.
Personally I added at bargain prices of .5200 and .5500 this week.
Today the artificially low ask retreated from .5500 to .6000 for several hours before trying .5200 again - nobody of significance in trading the stock took any action but he is liable to lose those shares if he keeps doing it.
After the 2000 at .6000 the next ask is at .6900.
Effectively $EVSV remains in the .7000 to .8000 range with almost nothing significant being offered lower.
Overall, a further 55,139 shares were bought this week - over 5 x the 10,952 shares that were bought last week.
The greatly increased buying reflects the interest in buying up any cheap used under .7000 now that time is running out with only about 3 weeks left until the first hemp crop at the WI site is harvested.
$EVSV has now held above the r/s par of .4000 for 7 months 1 week.
Those waiting to load "just-in-time" for the move might like to consider buying in the .6000 > .9999 range while they still can - updates are likely to be coming out every few days now on the hemp production at the first of many sites (now confirmed as harvesting in mid-Sep ) and new partnerships / major investors.
$EVSV remains the #3 Pick on the Watch List for profit earning potential in 2019 - out-trumped only by and $VYST - which will offer $500K > $1M+ profits if the NASDAQ requirement price is met [trading discipline and patience required] and $TMPS which had a DoD contract awarded that was 4 x the size I was expecting ($121M) when I originally ranked the picks for 2019.
As previously stated, the top traders in $EVSV are not going to waste our time playing in among the manipulation action apart from taking out asks when it suits us and maintaining a basher / flipper reload denial bid.
Expect continued loading - now more overtly - with a mixture of hidden bids, visible larger / higher bids and ask hits - until the main traders in this are ready to move it up a bound or so - above .$1.000.
This will remain the main board for analysis of trading action. I will make occasional posts on iHub to debunk nonsense and keep the correct analysis in my single Mod sticky and 1 > 3 Plus 1 slots.
I will be updating the DD / Rolling Brief over the weekend - plus keeping an eye out for any updates from WI and FL on hemp or new partnerships.
Items below the line unchanged from previous report [except for prices moved upwards] and still valid [important points emphasized in bold]:
The 2018 Annual, 2019 Q1 and 2019 Q2 Reports were all filed on time with improved financials.
As usual, the TA updated the share structure in a timely manner as at July 29, 2019 - yet again confirming no dilution.
Don't expect any significant amount to be offered under $1.000 as it is not unreasonable to expect to see $1 to $2 at some point in 2019 based on the thin share structure, the majority of shares being in the hands of savvy traders , and multiple catalysts ahead.
There is still very little in asks under $1.000 and $EVSV should be extremely thin well into the $1 > $2 range based on who had what where prior to the r/s.
Any one of the significant traders in $EVSV could move it to 1.000 single handed if they chose to. I might do it myself just to deny the cheap shares to the basher / manipulators on a day that is relatively inactive on my other top picks.
There are now more than 110 x social media alerters / analysts that have $EVSV on their radar now for continued upward movement - as listed here (updated figures coming this weekend):
Overall, $EVSV continues to play out exactly as I expected and suggested it would for those following my proven "trading through a r/s" strategy.
Ahead expect:
- Continued manual and further automatic outbidding.
- Closing of the spread and / or hitting the ask across a wide spread when an artificially low fake ask is seen.
- More hits on the ask.
- Further updates on the progress of entry into the hemp sector - particularly in the other 6 states being considered - as one of the company's diversification efforts.
- Further updates on a share buyback by the company.
- Further updates on new partnerships.
- Update to the share structure by August 31, 2019.
- Further updates to the Hemp Division website.
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.