Posted On: 05/16/2016 9:41:35 PM
Post# of 1674
As we have a lot of new eyes here today - 800+ views already - I'll repeat this from a few days ago.
For those who haven't already done it, it isn't too late to work out a long-term strategy for trading REDG.
My plan remains unchanged - I'm holding all my lowest cost basis shares to make a multiple $6-figure profit at .01 in due course.
The remainder I will consider selling at 50% > 2,000% as $REDG moves up - particularly on high volume breakout days in the .0020 > .0099 range.
I use a spreadsheet to show what each tax lot would make at each .0005 level.
For anyone starting from current levels:
25M at .0006 costs $15K.
Gross profit at .01: $220K.
If the person stacking the ask at .0005 with 25M via CDEL is still there tomorrow, it might be possible for one person to get 25M at .0005 for $12.5K.
Gross profit at .01: $222.5K.
$REDG
For those who haven't already done it, it isn't too late to work out a long-term strategy for trading REDG.
My plan remains unchanged - I'm holding all my lowest cost basis shares to make a multiple $6-figure profit at .01 in due course.
The remainder I will consider selling at 50% > 2,000% as $REDG moves up - particularly on high volume breakout days in the .0020 > .0099 range.
I use a spreadsheet to show what each tax lot would make at each .0005 level.
For anyone starting from current levels:
25M at .0006 costs $15K.
Gross profit at .01: $220K.
If the person stacking the ask at .0005 with 25M via CDEL is still there tomorrow, it might be possible for one person to get 25M at .0005 for $12.5K.
Gross profit at .01: $222.5K.
$REDG
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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.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
