Trading Summary - September 10. Most importantl
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Posted On: 09/10/2019 4:48:19 PM
Trading Summary - September 10.
Most importantly today we had a major Shareholder Update which confirmed numerous catalysts ahead:
https://investorshangout.com/post/view?id=5534655
Trading was at times dramatic in short bursts with it being difficult to categorically ascertain to what extent the 3 x iHub manipulators were involved (they all posted nonsense today) - 2 x 55K shares may have been shorted and covered - as we saw with 2 x 25K shares yesterday.
Alternatively, the company may have manipulated the stock down to start / continue the earlier mentioned buyback at a cheaper price.
There may also have been dilution selling against the net post-r/s 180K increase seen on September 3 - although the 55K at the 6 decimal point price of .358854 was between the bid and the ask at the time and there was never a bid of that size that high to trade into.
Regardless of which possible scenario actually took place, brief opportunities were provided for those who didn't yet have 50K > 100K shares at a cost basis in the .4000 > .6000 range to load some at a marginally cheaper cost basis than before for the move into the $1 > $2 range in due course.
As soon as traders who were busy elsewhere noticed the effort to manipulate the price down, bids in depth started appearing from .3000 upwards - with at least 5 bidders involved - the largest being for 50K.
By the close - the whale bid of 50K was at .3205 ($16K+).
Little was actually being offered under the ask under .4300 (the pre-open ask). Various walked down asks as low as .3300 were tried at some point - retreating when hit as reported contemporaneously.
In light of the possible high volume today - even if 2 x 55K is discounted - I'm going to count all the trades and adjust the Trading Summary for yesterday to also include the 2 x 25K.
It should be remembered that for every sell there is a buy and the main purpose of the Trading Summary is to maintain awareness of the worst case of what volume was bought in what price range - so that as we move up into the $1+ range we can see how much has been flipped vs how much has been held and may yet be sold.
Overall, 186,413 were traded today - all in the "as near to .4000 as makes no difference" range which extends down to .2000 and up to .6000 in pre-r/s terms [.0002 equivalent].
There is now less than a month to the confirmed date for the hemp crop harvest that had to be notified to WI state authorities.
The following items below the line unchanged since the last Trading Summary:
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.
Most importantly today we had a major Shareholder Update which confirmed numerous catalysts ahead:
https://investorshangout.com/post/view?id=5534655
Trading was at times dramatic in short bursts with it being difficult to categorically ascertain to what extent the 3 x iHub manipulators were involved (they all posted nonsense today) - 2 x 55K shares may have been shorted and covered - as we saw with 2 x 25K shares yesterday.
Alternatively, the company may have manipulated the stock down to start / continue the earlier mentioned buyback at a cheaper price.
There may also have been dilution selling against the net post-r/s 180K increase seen on September 3 - although the 55K at the 6 decimal point price of .358854 was between the bid and the ask at the time and there was never a bid of that size that high to trade into.
Regardless of which possible scenario actually took place, brief opportunities were provided for those who didn't yet have 50K > 100K shares at a cost basis in the .4000 > .6000 range to load some at a marginally cheaper cost basis than before for the move into the $1 > $2 range in due course.
As soon as traders who were busy elsewhere noticed the effort to manipulate the price down, bids in depth started appearing from .3000 upwards - with at least 5 bidders involved - the largest being for 50K.
By the close - the whale bid of 50K was at .3205 ($16K+).
Little was actually being offered under the ask under .4300 (the pre-open ask). Various walked down asks as low as .3300 were tried at some point - retreating when hit as reported contemporaneously.
In light of the possible high volume today - even if 2 x 55K is discounted - I'm going to count all the trades and adjust the Trading Summary for yesterday to also include the 2 x 25K.
It should be remembered that for every sell there is a buy and the main purpose of the Trading Summary is to maintain awareness of the worst case of what volume was bought in what price range - so that as we move up into the $1+ range we can see how much has been flipped vs how much has been held and may yet be sold.
Overall, 186,413 were traded today - all in the "as near to .4000 as makes no difference" range which extends down to .2000 and up to .6000 in pre-r/s terms [.0002 equivalent].
There is now less than a month to the confirmed date for the hemp crop harvest that had to be notified to WI state authorities.
The following items below the line unchanged since the last Trading Summary:
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.
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"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.
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