Trading Summary - April 17 . Another more than
Post# of 4419
Another more than satisfactory status quo day for $EVSV whilst we await for the multiple catalysts listed below and whilst top traders are busy elsewhere anyway - particularly on $SKDI.
In particular today, we saw multiple traders outbidding each other with larger than usual bids being topped up at .1600 / .1610 / .1617 / .1650 / .1651 / .1700. Noteworthy was a late print of a buy of 18,476 at .1651 plus topped up bids at .1700 buying 8,000.
Whenever the scammers tried walking down the ask - in stages to .2000 at one point - they lost shares to ask hits - sometimes 1,000 at a time. Towards the close, as one of them retreated to .2100 then .2150 after filling only 1,000 of 4,585 that had been shown as offered.
The continual attrition of the scammers walked down ask - plus tempting some of them and / or the impatient to trade on the bid - has reduced the offered number of shares under .5000 from around 30K to 20K during the course of this week.
Remember that the consecutive ask buys of 114K we saw on December 17 took the pps from .2400 to .4980 in a few minutes and now there is only an estimated 1/5 of the shares in the way now.
Overall, 39,942 shares were bought today - 3.6 x the volume yesterday - which in turn was - 7.6 x the volume on Wednesday.
The number of shares offered below .5 is now estimated to be around 20K .
Ahead we can expect updates soon on some / all of the following:
- Sales of the first hemp distillate from the 2019 crop.
- The 2020 hemp growing expansion plan at multiple sites in WI.
- Increased revenue for the Pest Control Division for COVID-19 sterilization of facilities.
- 2019 Annual Report.
The latest DD / Rolling Brief - updated on April 12 - is here:
https://investorshangout.com/post/view?id=5732084
Top traders all currently busy on other movers from the Watch List but keeping an eye on $EVSV at all times via scanner for the consecutive ask hits that would take it to .5 / .7 in seconds > a few minutes.
Alerts will be in the following order:
Here !
Telegram Whale Team
Slack Whale Team
PSG VIP
iHub Whale Team
iHub $EVSV [only when already up]
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.