Trading Summary - February 14. Some progress to
Post# of 4419
Some progress today for $EVSV - on what was an extremely busy day for multiple other stocks on the Watch List which precluded me putting updates here while everything is well under control.
We got an update from the CEO confirming that the buyback had not yet started - pending the Company Attorney getting the buyback account set up and completing all documentation required by SEC rules.
https://twitter.com/EnviroServInc/status/1228321342874882053
Nonsense from the usual suspects on iHub was ramped up - as was their attempts to paint the stock down - sometimes with as little as 8 shares - and walk an artificially low ask down again - as recorded contemporaneously in the earlier post.
Longs and possibly the company reacted with invisible bids higher than the visible .2400 and 2 x 7,600 buys
Overall, 19,216 shares were bought at prices as follows - including 2 x 7,600 above the visible bid and above the lowest walked down fake ask - at prices as follows.
.2753: 7,600
.2588: 7,600
7 x paint down attempts at .2400/.2500: 4,016
Ahead we can expect more ask hits - both longs and new interest - especially when it is evident (or announced) that the buyback has started.
The fact that the company is now committed to supporting the stock price will make it more likely that longs will increase their holdings in the .27 > .5 range now that they don't have to hold the base at .2000 > .2500.
The fact remains that there are probably less than 50K shares available under .5 (if the ask is hit consecutively) and bidders will have to hit the ask if they want 50K > 150K.
As was proven again on January 9:
- $EVSV remains extremely thin to the upside.
- Anyone who doesn't yet have 50K > 150K - the amount the top traders have - will have to hit the ask to get them.
- Attempts by iHub scammers to dupe people to trade on the bid are not going to succeed.
- When walked down asks are taken out, the longs in $EVSV know how to prevent the manipulators getting back in again.
The main whales traders of $EVSV already have their 100K > 150K inventory and are happy to accumulate on the bid from daily paint downs until such time as they choose to run it up - or jump on and buy at the same time as a company buyback or large buy by partners - as happened on December 17, 2019.
Remember, every 10,000 shares bought below .5000 is worth a $5K profit at $1 - $10K profit at $1.50 - and $15K profit at $2.00 for the savvy and patient.
I'll be updating the DD / Rolling Brief here over the holiday long weekend - and looking out for any filings or updates before the open on Tuesday.
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 over 12 months ago - due to multiple surges and the thin share structure for a stock in this price range.
The DD / Rolling Brief was last updated on February 9, 2020:
https://investorshangout.com/post/view?id=5669740
Key Points from recent PRs (not including December 17 PR) are here:
https://investorshangout.com/post/view?id=5619497
The Share Structure was updated on January 31, 2020 with no change.
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 13 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 181 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 185 traders / analysts / alerters on social media that have $EVSV on their radar to start scaling in and / or jumping on board "just-in-time".
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.