Trading Summary - February 24. With no announce
Post# of 4419
With no announcement yet that the company buyback has started, multiple traders continued to try to buy by outbidding each other -before hitting the ask - as reported in earlier posts.
The insignificant group of basher / scammers on the marginalized and boycotted forum iHub continued their efforts to dupe people into selling below .2000 with a combination of nonsense posts, small walked down asks and paint downs.
This was successfully countered by outbidding above their lowest set paint down attempt - closing with a 10K bid at .2222.
In addition, there was a T-trade put through late for a 15,000 buy earlier at .2216 - below the figure being bid later (.2222).
Although the top traders of $EVSV have been been with multiple other stocks recently, it is now worth paying more attention to $EVSV as the buyback is likely to start without notice as soon as the corporate account needed has been set up.
Ahead we can still expect more ask hits to take out the mickey mouse amounts in the .3000 > .4000 range from those who walk down an undercut ask to try to dupe people to sell on the bid - along with their fake narrative.
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 .2001 > .5000 range now that they don't have to hold the base at .2000 > .2500.
The fact remains that there are probably less than 100K shares available on asks under .5 / .7 and bidders will have to hit the ask if they want 100K > 150K.
Overall, 35,606 shares were bought today - the majority in the .2200 > .2216 range - so higher than when I took out the walked down ask of .2001 a few days ago..
As was proven again on January 9:
- $EVSV remains extremely thin to the upside .
- Anyone who doesn't yet have 100K > 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.
#boycottiHub remains in force to let the morons just speak to themselves on that marginalized board until the buyback on the ask starts.
The latest DD / Rolling Brief - updated February 24 - is here:
https://investorshangout.com/post/view?id=5683582
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.
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 on the ask 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 13.25 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 185 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 re-alerted the more influential / serious Penny Stock Geeks and relevant Whale Team rooms on telegram and slack.
In addition of course we have 189 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.