Replies to post #3739 on EcoSphere Technologies Inc. (fka ESPHQ)

[matt51]

The heavy volume looks mostly like tax loss selling. There were Form 4 filings in December. Over 1 million shares issued to insiders as warrants that vest in 2015. But 2 significant form 4 filings show the outside directors bought over 100,000 shares each for between .48 and .52 a share. Very positive sign.

[cottonmather]

The typical concerted activities are........

repeated adi and obv conflicts/divergence along with one marketmaker trade executions being in-between the bid/ask.

Often this one marketmaker will post a bid opportunity but often retracts them and will keep his ask in-between the uppermost ranges of bid/ask. This will appear somewhat normal until you find he seldom, if ever, executes a bid execution. His executions are almost always between the bid/ask over and over. He is selling a very large position at a discount relative to the other marketmakers.

You cannot tell if these executions are buys or sells so this repeated difference generates the conflict/divergence in the chart. The math in the chart notes a falling price from an increased ask or vice versa, thus resulting in printed conflict.

You will also see a noticeable escalation in volume when convertibles and pipes become part of the daily volume activity. Volume will have a flat line, then spike and remain elevated until their deeds are complete...... often lasting several months and years...... commonly sending the stock in a downward spiral.

The appealing thing about these kinds of stock..... they will usually offer a campaign of sorts to pump the share price and reload the former process. Being able to recognize these pump episodes can produce some attractive gains, but don't be a pig after getting involved.

Good luck

e