Trading Summary - April 28. An excellent loadin
Post# of 4419
An excellent loading opportunity was presented today when the scammers trying to walk the ask down overstepped the mark and whale buyers that were watching were waiting to pounce and did.
Those who understand the scammers' modus operandi will have been able to spot multiple paint down attempts of 5000 at .1200 - they were trying to get a bigger bid fill around .1000.
However, those countering were outbidding at multiple levels .1100 > .1200 - and those who kept topping up the high bid - at the time - at .1200 were able to pick up around 50K.
The scammers then tried walking their ask down from .1300 to .1210 and were also stupid enough to put 50K there which got bought immediately in a single by at 10:19:37.
Thereafter, apart from a few small paint down attempts at .1202 and .1175, all buys were at higher prices - including ask buys of 10K > 20K - including including hail mary buys that caused some of the walked down asks to cancel and retreat.
For those able to watch all day, there was ample opportunity to buy another 15K > 50K at bargain prices.
50K bought at .1210 is worth a profit of $43,950 at $1.
Each 10K bought at .1500 is worth a profit of $18,500 at $2.
Overall, 274,056 shares were traded today - 2.7 x the volume yesterday - with the majority in the .1200 > .1600 range.
The top OTC traders in $EVSV were too busy to keep jockeying for position due to multiple other runners on my Watch List - but I did take time out to add to my inventory of shares by buying a walked down ask that will return a large profit during the remainder of 2020.
Several traders were outbidding each other all day at multiple visible levels and invisible levels as covered in the contemporaneous earlier reports.
Remember, you don't have to get the bottom price. Those that have a large inventory of shares will always do better because you never know when a stock will get run up leaving those that only bid chasing.
The Unrestricted O/S - all that matters for current trading - is still only 3M so the stock can move very quickly - especially when large enough "hail mary" buys set at higher prices than walked down asks get the ball rolling.
Remember, on December 17, 2017, 114K shares all bought on the ask in quick succession - too fast for the scammers to attempt further hold back attempts after their left up efforts were all taken out - moved the price from .2400 > .4980. That is the sort of action we want to see ahead.
otcmarkets.com now shows that a promotion campaign will be starting so expect PRs / updates ahead.
Ahead we can expect updates soon on some / all of the following:
- Sales of the first hemp distillate from the 2019 crop.
- Hemp planting at the 1st and 2nd WI farm sites..
- Hemp planting at the first site in FL.
- Start up of medical marijuana growing in MI.
- Increased revenue for the Pest Control Division for COVID-19 sterilization of facilities.
- 2019 Annual Report.
The latest DD / Rolling Brief - updated on April 26 - is here:
https://investorshangout.com/post/view?id=5748003
Alerts on future updates / trading will be in the following order:
Here !
Telegram Whale Team
Slack Whale Team
PSG VIP
iHub Whale Team
iHub $EVSV [only when already running 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.