Trading Summary - May 4. More progress today fo
Post# of 4419
More progress today for $EVSV as covered in detail in the contemporaneous earlier posts.
The main points today were:
- Ask buys at the open at .1700 - above the walked down ask close of .1699 on May 1.
- Visible bidders were at a higher level again - up to .1500 - compared to .1390 on May 1 - .1285 on April 30. There were also multiple new bidders at unrealistic levels .1450 / .1475.
- 2 x 5000 was bought by the high visible bidder at .1500 from paint down attempts.
- A later paint down was bought by an invisible bidder at .1654.
- When the scammers tried walking down walked down asks at .1699 and .1698 - the .1698 was cancelled before it could be hit and the .1699 had buys as large as 3,000 against it.
- Nobody was duped to sell by the scammers and for the 3rd trading day it was reinforced that new interest would only be able to get 50K > 250K by successive ask hits now.
- The walked down ask was .1699 at the close - the same as on May 1.
Overall, 17,627 shares were bought today - almost all in the .1500 > .1700 range - compared to .1335 > .1600 range on April 29 - and to .1200 > .1600 range on April 28.
Ahead, we can expect more of the Whale Team top traders to take out the walked down asks repeatedly - as we has been seen twice already.
This also has the benefit of denying bid sitters getting any fills and makes the point that every few days 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 .0140+ break on May 1 to a new high of .0157 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.
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.
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 [subject to COVID-19 delays].
The latest DD / Rolling Brief - updated on May 3 - is here:
https://investorshangout.com/post/view?id=5755182
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.