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Red Giant Entertainment In REDG
Posted On: 05/04/2016 9:09:44 AM
Post# of 1674
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Posted By: AJH92
The previous large dilution days - mainly large dumps into the bid at .0001 [actually way bigger than the bid on occasion] because people failed to take the diluting MM hint and hit the ask for a reasonable portion of the 100M at .0002 for too many days in a row:

Mar 16: 460M

Feb 16: 472M

Jan 12: 228M

I do not believe that most of those shares went to normal retail people - a number of posters reported having .0001 bids in for 60 days with few or no fills before they timed out.

In the main, only ultra-longs who saw the long-term potential had the cahones to be bidding significant amounts at .0001 when naysayers were convinced it would go to no bid. It never did for more than a few seconds.

Some snapped up any undercut ask at .0001 in seconds













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"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.



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