Trading Summary - August 27. Another excellent
Post# of 3552
Another excellent day for $IJJP.
With the CEO delivering 3 updates after the close on August 26, it was obvious to anyone paying attention pre-market that MMs were going to gap it up to .0015 x .0017 at the open.
Despite posting a warning that everyone should cancel any left over asks, some clueless people failed to do so.
$IJJP did open at .0017 - but then MMs started to process orders from the left over orders plus anyone else who was impatient to lock in low level profits from buys at .0010 > .0014 yesterday.
Accordingly, 75M in new interest buying power was wasted in the opening minutes - which would have been enough to get to .0020+
Subsequent relatively large individual buys for a thin stock in this price range of 5M > 10M got the .0020+ break with relative ease and a hod of .0023 started.
On initial uptick, there was only 1.336M at .0023 from 1 x MM and blue sky above.
Then manipulation games started to get reloads with some jockeying for position on bids in the .0018 > .0020 range. Those that were first to outbid or hit the ask got the best results.
In the closing minutes, there was a 7M buy at .0021 and a fake 22M was put up at .0022 (that had been attempted an hour or so earlier and cancelled when hits started).
Closed at .0021 - 91% up from the previous close at .0012.
421M were traded - the majority in the .0017 > .0022 range.
This was significantly up on the previous 2 days:
August 26: 235M traded in the range .0009 > .0013.
August 25: 211M traded in the range .0008 > .0015.
Updates x 2 from August 20 after close:
"To all shareholders since April 2020, adjustment to eCETPs’ specifications are completed. The next two steps: 1, Crypto Exchange agreement to host the IEO. 2, Supplying 17 Million Ethereum ERC-777 for Phase 1, funding. Both dates provided mid next week."
https://twitter.com/IJJCorp/status/1296538538679439360
"To all shareholders (OTC "IJJP): “No stock dilution” for 3 reasons; 1, transfer agent is on hold, 2, OTC market not current, and 3, the company must book +six months of revenues to even justify a reverse split. Plus, we need a positive consensus among shareholders."
https://twitter.com/IJJCorp/status/1296542885890883585
Updates x 3 - August 26 [after close]:
"Update: We are processing 17 million ERC-777 tokens on Friday under symbol IJJ - should be on http://Etherscan.io by Monday. I will also on Friday provide the Cryptocurrency Hosting Exchange company we have selected."
https://etherscan.io/
https://twitter.com/IJJCorp/status/1298824072084828161
Update: "Just to share a point all my efforts are towards launching the IEO. "
https://twitter.com/IJJCorp/status/1298824541939085312
Update: "I will also provide mid next week for public review eCETP Kickstart investment prospective.
The White Paper is online for download on both websites."
https://ijjcoin.com
https://twitter.com/IJJCorp/status/1298825498387255297
Websites:
https://ijjc.com/
https://ijjcoin.com/blog-general-news/blog/
A countdown clock appeared on the main website on August 26 for 1100 EST on August 27. This was bypassed by events after the updates by Tittwre after the close on August 26.
Today the countdown clock was reset for an event timed for 1500 EST Saturday August 28.
IJJ Corporation (IJJP) 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.