Trading Summary - January 6. An excellent start
Post# of 4419
An excellent start to the week for $EVSV despite most top traders being busy elsewhere on other runners from the Watch List.
Yesterday, one of the long-time moaners on iHub - who had failed to buy during the warning day prior to the r/s 11.5 months ago or since - stated that he would be putting his shares on the ask under .4000.
Long term watchers of $EVSV know that the bid / ask spread size is irrelevant as the only way to accumulate significant lots before the breakout above .5000 is to hit the ask.
Accordingly, in 2 individual seconds 13,844 shares were bought at various undercut asks in the .3787 > .3926 range.
At this point the next undercut ask below the recent high at .4975 was at .4500.
One or two traders who were quick enough to put up realistic bids at .3500 and .3550 were able to buy a further 5,100.
Almost immediately, at least 4 bidders started outbidding each other in the .2700 > .3000 range.
Manipulators then attempted walking down an undercut ask from .4000 > .3500 > .3200 and then retreated to .3500 again.
Thereafter, the 2 bidders at .3,000 - too low to be realistic for significant fills - were able to buy 2,610 from 2 x paint down attempts - with the balance of the .3000 bid being maintained.
Ahead we can expect to see more ask hits taking out the few shares being offered under .5000 and a thin move to .7000 - particularly with the first PR of 2020 known to be coming soon.
Overall, 21,554 shares were bought today - predominantly on the ask as detailed above.
The DD / Rolling Brief was updated over the weekend and may be found here: https://investorshangout.com/post/view?id=5634861
The Share Structure was last updated on December 31, 2019 - showing no change to the Unrestricted O/S.
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 in 2019 - most of which is since the successful r/s 11.5 months ago - due to multiple surges and the thin share structure for a stock in this price range.
Key Points from recent PRs (not including December 17 PR) are here:
https://investorshangout.com/post/view?id=5619497
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 172 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 177 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.