Trading Summary - May 27. More progress today f
Post# of 4419
More progress today for $EVSV with more former bidders realizing they had to hit the ask to add any significant amount below .1300.
In addition, we had news before the open:
Enviro-Serv Announces Florida Hemp License Issuance and Wisconsin and Florida Hemp Planting Initiatives Update.
https://www.otcmarkets.com/stock/EVSV/news/st...id=1611816
Unfortunately, the news release came on the same day as important updates on 2 other equally important stocks from the Watch List - $GTEH $SKDI - and there were also significant moves / loading opportunities on several others - all of which kept the top traders of the OTC from the larger Whale Team room mainly busy elsewhere.
All the main trades were reported contemporaneously in earlier posts.
The majority of buys were on the ask at the top price.
Again several traders were outbidding each other in depth up to .0875 visible and .0917 invisible.
Overall, 75,710 shares were bought today - the majority 45,720 at .0959 / .0960 and almost all the rest at .0920 and above.
Remember, the CEO is also watching - as evidenced by the update below - and may of course be among the bidders as the share buyback can only be done on the bid.
https://investorshangout.com/post/view?id=5773409
Again, if the scammers really wanted to sell their hold back shares in the .0960 > .1300 range they could have done so on the bids in depth.
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 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 25 - is here:
https://investorshangout.com/post/view?id=5777202
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.