Trading Summary - December 24. A pivotal day fo
Post# of 4419
A pivotal day for $EVSV even though many traders are already on their Christmas holiday break.
We had yet another update from the CEO - combined with a Christmas ("Hempmas" greeting - stating "huge things ahead in 2020 and beyond":
https://twitter.com/EnviroServInc/status/1209485723839139846
At the open, the walked down fake ask hold back attempt at .3200 was still present.
After the usual 3 x small paint down attempts at .2900 - of 300, 100 and 799 shares - which of course didn't dupe anyone to sell - there was a 2,500 buy on the undercut ask at .3200.
The remaining undercut ask was immediately cancelled and the next ask was way up at .4399.
There was then a lot of scrambling about with multiple asks under ..4975 being cancelled almost immediately.
A few scammers did put undercut asks below .4975 temporarily - but subsequently cancelled them pretty quickly as soon as multiple new bidders became visible.
Networking among top traders in the 2 x Whale Team rooms translated into multiple new bidders trying their luck to buy from any disenchanted tax loss sellers - in the last few days remaining - before hitting the ask to get in or add.
New bids were initially at .2850 / .2875 / .2876 / .2975 / .3000.
Thereafter a whale bid for over $10K of 32K at .3010 came in - and when outbid at .3050 / .3060 - moved up maintained the top visible bid at .3080 through to the close.
The bid at .3080 is of course unrealistic - anything under .4500 is given the paucity of shares on offer under .7000 on the ask - and there were no paint downs into it prior to the close.
Ahead, we can expect to see ask hits - particularly from the $10K bidder - getting the pps as close to $1 as possible before the first of 2 updates known to be ahead.
Overall, 3,699 shares were bought today - the majority being the 2,500 ask buy at .3200.
Items below the line unchanged since the last long-version Trading Summary:
Top traders of $EVSV have now each earned close to $6-figures on it in the last 3 years and multiple $5-figures already in 2019 - most of which is since the successful r/s 11 months ago - due to multiple surges and the thin share structure for a stock in this price range.
The latest DD / Rolling Brief update is here:
https://investorshangout.com/post/view?id=5625639
Key Points from recent PRs (not including December 17 PR) are here:
https://investorshangout.com/post/view?id=5619497
The Share Structure was last updated on November 29, 2019 - showing no significant change from the previous update.
The 2019 Q3 was filed on November 18, 2019 in a timely manner.
The 2019 Q2 was filed on August 7, 2019 in a timely manner and gave a very good description of the holding company $EVSV's current portfolio and partnerships (unable to copy - read in filing).
Trading on December 17 illustrated yet again just how difficult it is to accumulate an inventory of 100K > 150K of $EVSV - like the top traders in it have - to be ready for the move to $1+ - within even a .2000 price band increment.
The next buyer of 100K at a time should see .6000 or .7000 up - and the next 200K might see $1+.
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.
The usual moving around of the insignificant undercut asks by the iHub scammers of course has no effect and they are currently being allowed to continue to post to themselves on iHub completely oblivious to the fact that all traders of significance are networking by other means on telegram and slack.
The modus operandi of the iHub scammers hasn't changed for 11 months since they failed to buy at .0001 on the day before the successful r/s: post blatant nonsense on iHub + attempt to support their fake narrative by trading at or below the visible bid price (often with orders placed before the open + then not pay attention to actual other trading that follows + attempt to walk a small ask down to artificially low levels + not realize that their manipulation attempts don't affect the views of the 160+ social media OTC influencers who have $EVSV on their radar now.
All these manipulation attempts enable top traders on low commission rates - who don't have to worry about partial fills - to just keep accumulating cheap shares almost daily.
As I have warned before, the scammers who attempt paint downs on thin stocks are likely to find themselves detected by their brokers compliance department and reported to the SEC. This is what will then happen:
https://www.sec.gov/news/press-release/2019-216
I'll be mainly #boycottiHub - I have now alerted the more influential / serious Penny Stock Geeks and relevant Whale Team rooms on telegram and slack.
In addition of course we have 172 traders / analysts / alerters on social media that have $EVSV on their radar to start scaling in and / or jumping on board "just-in-time".
Reminder - Tax Loss Disallowed ! You will incur a "wash sale" and have a tax loss disallowed if you:
- Sell any shares that had a purchase cost basis higher than any shares you have bought in the last 30 days.
or
- Buy shares at any price within 30 days of those that you sold for a tax loss.
Warning ! Anyone who is seen posting nonsense on iHub on any on the thinly traded stocks I'm a shareholder in - especially when small paint downs are also seen along with undercut asks - can expect to have their user ID passed to the SEC which has now started to take action against those using the exact modus operandi I have detected and commented on for the past 2 years:
https://www.sec.gov/news/press-release/2019-216
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.