Posted On: 07/01/2016 3:43:45 PM
Post# of 1674
Read my posts from today as to what I think is going on.
I'm very happy with my position - even though I wasn't bidding .0001s because I didn't really need any more, I have reduced the cost basis of my long-term stash that I'm keeping for the long-term at no cost by hitting the ask at .0001.
1.505 Billion traded at .0001 and only 80M added to the ask at .0002 since the open.
Deep pockets have bought those shares for a reason for when $REDG is a multi-$M revenue company.
The shares have not been bought to flip for a few ticks.
A lot of convertible debt has been dealt with today - twice the surprise amount that was added to the o/s.
The visible bid at .0001 is already back up to 120M.
I'm very happy with my position - even though I wasn't bidding .0001s because I didn't really need any more, I have reduced the cost basis of my long-term stash that I'm keeping for the long-term at no cost by hitting the ask at .0001.
1.505 Billion traded at .0001 and only 80M added to the ask at .0002 since the open.
Deep pockets have bought those shares for a reason for when $REDG is a multi-$M revenue company.
The shares have not been bought to flip for a few ticks.
A lot of convertible debt has been dealt with today - twice the surprise amount that was added to the o/s.
The visible bid at .0001 is already back up to 120M.
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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.
