Trading Summary - May 20. For the third day in
Post# of 4419
For the third day in a row, the scammers - which I suspect is a group of 3 on iHub working together - used ridiculous manipulation attempts to try to dupe people to sell into their waiting bids at .0750/.0751.
However, they were caught out by some of the top traders of $EVSV spotting the trading opportunity and spending a portion of their day on it.
In addition, the CEO spotted the manipulation attempt and pointed out that the market cap at current prices was half the current cash reserves.
https://investorshangout.com/post/view?id=5773409
All significant manipulation attempts were recorded contemporaneously in earlier posts in case I choose to make a SEC Report.
The main points by the close were:
- As soon as several traders started bidding aggressively in depth from .0800 > .0880, nobody else was duped to sell any significant amount.
- The scammers, having retreated at one point from .0850 to .0900, consolidated all their walked down asks from below .1300 at .0920.
- They could easily have sold all on the bid at .0850 > .0880 but didn't.
- With no bid filling at .0880 in over 2 hours, the former bidder slapped the .0920 ask in the closing minute and managed to get 10,300 shares.
- Only 2 x MMs were on .0920 - all others were way up at .1300.
- High of the day was .0949.
- Very little was picked up at .0750 / .0751 when it was painted down at the open from a walked down artificially low ask at .0850 when it was going to open at .1200.
Overall, 126,235 shares were traded today - the majority in the tight range .0850 > .0949.
100K $EVSV bought by .1000 is worth a profit of $40,000 at $0.5 or $90,000 at $1.
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:
- 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.
- 2020 Q1 Report on / around May 31.
- Sales of the first hemp distillate from the 2019 crop by 2020 Q3 [delay due to processing equipment bought from China delayed in transit.
The latest DD / Rolling Brief - updated on May 17 - is here:
https://investorshangout.com/post/view?id=5770355
Key Extracts from the 2019 Annual report are here:
https://investorshangout.com/post/view?id=5762899
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.