Summary - May 21. More excellent progress today
Post# of 4930
(Total Views: 217)
Posted On: 05/21/2020 5:34:48 PM
Summary - May 21.
More excellent progress today for $ECOX - with new interest realizing they need to bid realistically or hit the ask to get in - with a buy of 10,000 at .1000.
The next ask up was - as expected - .1400.
There was a new visible bidder with 40K at .0710 - which of course is even more unrealistic now.
There were 2 x small paint down attempts - for 75 shares and 15 shares - set at .0710 - which of course did not dupe anyone to sell as all significant holders are long-term watchers waiting for .6 > $1 - and new interest here already knows the score. These insignificant trades were ignored by MMs for "Last Trade" pricing purposes.
The first PR from the new company is here:
News - May 13. Eco Innovation Group, Inc. Announces Changes in Executive Leadership, Business Plan.
https://www.otcmarkets.com/stock/ECOX/news/Ec...?id=261885
The new website is also up already too: https://www.ecoig.com/
This follows on from the action on May 6 where - 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.
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.
More excellent progress today for $ECOX - with new interest realizing they need to bid realistically or hit the ask to get in - with a buy of 10,000 at .1000.
The next ask up was - as expected - .1400.
There was a new visible bidder with 40K at .0710 - which of course is even more unrealistic now.
There were 2 x small paint down attempts - for 75 shares and 15 shares - set at .0710 - which of course did not dupe anyone to sell as all significant holders are long-term watchers waiting for .6 > $1 - and new interest here already knows the score. These insignificant trades were ignored by MMs for "Last Trade" pricing purposes.
The first PR from the new company is here:
News - May 13. Eco Innovation Group, Inc. Announces Changes in Executive Leadership, Business Plan.
https://www.otcmarkets.com/stock/ECOX/news/Ec...?id=261885
The new website is also up already too: https://www.ecoig.com/
This follows on from the action on May 6 where - 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.
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.
(0)
(0)Eco Innovation Group Inc (ECOX) Stock Research Links
"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.
Scroll down for more posts ▼