Trading Summary - May 1. More excellent progres
Post# of 4419
More excellent progress today for $EVSV as covered in detail in the contemporaneous earlier posts.
During the session there was yet another great development with confirmation that $EVSV's application to grow hemp in FL had been approved - taking the number of grow sites to 3 already in 2020 - compared to 1 in 2019:
https://twitter.com/EnviroServInc/status/1256270370598014976
The main points today were:
- Hod was .1745 - higher than yesterday.
- Visible bidders were at a higher level again - up to .1390 - compared to .1285 yesterday - but again they only managed to pick up an insignificant amount of shares from a couple of early paint downs.
- When the iHub scammers tried walking the ask down - in conjunction with repeat nonsense - nobody was duped to sell.
- After yesterday when they got slapped by both myself and others, they didn't try so many times today or as low.
When they came down to .1475, I took them out and they immediately cancelled all fake asks under .1749.
- Subsequently, they only came down to .1699 - and - again lost some of their shares without getting any bid fills.
- The highest invisible bid fill was at .1685.
- Close on a retreated walked down ask was .1699 - again higher than yesterday - up another 13%.
- Ahead, we can expect more of the Whale Team top traders to take out the walked down asks repeatedly - as we have done for the last 2 days.
This also has the benefit of denying bid sitters getting any fills and makes the point that every day new interest delays ask hitting by sitting on unrealistic bids, the ask they eventually have to hit will be another .01 > .05 higher and up to .1 > .2 higher than their bid.
- Again, most top traders were concentrating on moving $SKDI up from .01+ break yesterday to .0140+ today - using the same technique that will be used eventually on $EVSV - hitting the ask aggressively to take out walked down asks attempting to dupe people into filling their bid - then outbidding those low bids to deny the manipulators a fill without having to hit the ask higher. On $SKDI a moron who ignored a warning to remove 240K put on a walked down ask at .0132 lost his shares in the closing seconds - at just the wrong time before a probable large gap up on Monday.
50K bought by .2000 is worth a profit of $40,950 at $1 or $20,000 at .5
Each 10K bought by .2000 is worth a profit of $18,000 at $2.
Overall, 47,094 shares were traded today - 1.3 x than shares that were traded yesterday - mostly on the ask - almost all in the .1500 > .1745 range compared to the.1500 > .1600 yesterday - compared to .1335 > .1600 range on Wednesday - compared to the .1200 > .1600 range on Tuesday.
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 less than 4M 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.
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
which will be updated over the weekend.
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.