Trading Summary - Week October 21-25. Disappoin
Post# of 4419
Disappointingly, the CEO failed to update shareholders at all this week.
This played right into the hands of the iHub scammer / manipulators who continued their attempts at a fake narrative accompanied by paint downs on 3 days out of the 5 - for as little as 1 share - and walked down undercut asks in the .3000 > .3450 range trying to dupe the impatient into selling in the .2600 > .3000 range.
Top traders were fully occupied on OTC "stock of the moment" $SUTI to be bothered with debunking them but at least 3 of them were happy to accumulate $EVSV shares mainly through invisible bids higher than the ones being targeted.
Overall, a further 42,372 shares were bought this week - all in the "as near to .4000 as makes no difference" range. This represents a 51% increase on the 27,954 shares that were bought in the week before.
$EVSV remains the #3 Pick on the Watch List for profit earning potential in 2019 / 2020 - 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 is expected to receive another DoD contract as part of a Multiple Award Contract opportunity being offered for early-2020.
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.
As usual, the TA updated the share structure in a timely manner as at October 2, 2019..
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 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.
Don't expect any significant amount to be offered under $1.0000 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.
There are now 125 x social media alerters / analysts that have $EVSV on their radar now for continued upward movement.
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 or soon after October 31, 2019.
- Further updates to the Hemp Division website.
- Confirmation that the first hemp crop harvest has been completed.
Anyone I suspect of painting $EVSV down can expect to have their iHub ID sent to the SEC for investigation - particularly when they also make remarks about the stock "going down".
The SEC is starting to take action against those who use the specific modus operandi I have seen being used on $EVSV - contemporaneous records have been kept .
https://www.sec.gov/news/press-release/2019-216
I have noted that the iHub scammer / manipulator nonsense posters in line to be reported to the SEC that have now admitted to having bought shares - which will count against them when their sell orders are checked in any investigation..
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.