Thursday, February 07, 2019 10:14:09 AM
Controlling a significant majority of 2017/2018/2019 bottom price shares bought at .0002 + .0003 on January 14 - and the equivalent .4000 to .6000 since - makes $EVSVD much thinner to the upside.
First, they bought from people who panicked and sold from the one-tick flip log jam that was at .0008 or higher - so that's much less held in the 1.4000 to 2.000 cost basis range now.
Second, they will not stack the ask at low levels because they know that supply is limited with only 1,798K shares available for trading by the retail public.
Third, the most successful traders in the OTC don't "average down" - they trade individual price lots in their own right - particularly by being patient and trading manually on surges as and when they occur.
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