Summary - May 6. Excellent progress today for $
Post# of 4930
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Posted On: 05/06/2020 6:06:47 PM
Summary - May 6.
Excellent progress today for $ECOX whilst awaiting the first update from Eco-Gen Energy.
After months of ineffective small paint downs set at .026 - or shorted below - and at least 2 invisible bidders a little below the .045 artificially low ask - with nobody getting any significant fills - the artificially low ask at .045 that had attempted a loading wall was taken out after the warnings here to remove it were ignored for 5 weeks after the new company became evident.
As expected, the next ask - probably in a left over GTC order from someone who hasn't caught up - was above .1000 at .1450 - with only 5,000 shares there.
Overall, 15,029 shares were bought - 15,000 at .045.
There were just 2 insignificant paint downs attempt for 2 and 27 shares.
Unrealistic bids below .1000 are likely to be ignored now.
Buys on the ask would easily get $ECOX into the .2000 > .5000 range - and perhaps most of the way up to $1 - depending how many legacy pre-r/s holders with small amounts at a cost basis .5 / .6 did not sell for a loss over the last 20 months.
A relatively few number of shareholders - less than 5 - are known - by process of elimination - to control a significant proportion of the shares with a cost basis .0500 > .2000.
Within that, very little is held with a cost basis in the .1000 > .2000 range.
Excellent progress today for $ECOX whilst awaiting the first update from Eco-Gen Energy.
After months of ineffective small paint downs set at .026 - or shorted below - and at least 2 invisible bidders a little below the .045 artificially low ask - with nobody getting any significant fills - the artificially low ask at .045 that had attempted a loading wall was taken out after the warnings here to remove it were ignored for 5 weeks after the new company became evident.
As expected, the next ask - probably in a left over GTC order from someone who hasn't caught up - was above .1000 at .1450 - with only 5,000 shares there.
Overall, 15,029 shares were bought - 15,000 at .045.
There were just 2 insignificant paint downs attempt for 2 and 27 shares.
Unrealistic bids below .1000 are likely to be ignored now.
Buys on the ask would easily get $ECOX into the .2000 > .5000 range - and perhaps most of the way up to $1 - depending how many legacy pre-r/s holders with small amounts at a cost basis .5 / .6 did not sell for a loss over the last 20 months.
A relatively few number of shareholders - less than 5 - are known - by process of elimination - to control a significant proportion of the shares with a cost basis .0500 > .2000.
Within that, very little is held with a cost basis in the .1000 > .2000 range.
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
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