Trading Summary - May 6. Manipulation attempts
Post# of 4419
Manipulation attempts were taken to ridiculous extremes today - see the earlier post on the suspects for a potential SEC investigation should I decide that is worthwhile reporting.
In particular, "getmoreshares" was either deliberately - or through ignorance - misrepresenting the size of the bids in depth [note that MMs on the top level do not have their bids shown at lower levels + All Or Nothing (AON) bids are invisible + bids sized below the threshold for display each MM chooses are invisible]
The main points today were:
- Walked own asks to as low as .1384 - even after an opening buy at .1669 and the largest buy of the day at .1400 (31K).
- Whenever walked down asks were hit, they retreated after filling only 260 > 900 shares.
- "Bloody nose" hits on walked down asks included 5.5K at .1350 / .1360, 3.3K at .1500 and 4.9K at .1520.
- Top traders were maxed out on $SKDI and $VYST - the other top profit picks of the year - both of which had PRs / updates - to deal with the nonsense apart from add some bids.
Overall, 103,163 shares were traded today - slightly up on the 89,218 shares of yesterday - in the range .1230 > .1669 - slightly up on the .1200 > .1600 range of 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 several times already - when the opportunity arises to concentrate on $EVSV.
This also has the benefit of denying bid sitters getting any significant fills .
50K $EVSV bought by .2000 is worth a profit of $40,950 at $1 or $20,000 at .5
Each 10K $EVSV bought by .2000 is worth a profit of $18,00 0 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.