(Total Views: 1793)
Posted On: 03/13/2017 9:10:11 PM
Post# of 1674
For those wanting to learn how to trade successfully after a R/S, watch BETSD from tomorrow onwards. It is very similar to REDG in the following respects:
- Real company with a business plan.
- Previously held back by convertible debt on the ask at .0002.
- R/S 100:1.
- Several 100Ms bought at .0001 and .0002 deliberately by savvy traders to give a high share count post R/S.
An opening price above .01 would equate to a profit on shares bought at .0001 pre-R/S.
It may not be possible to trade legacy shares for a day or so but it will be possible to buy - so the action may be deceptive at first.
Like REDG, I have most of my shares at the cheaper levels so I have formulated various plans for various scenarios. For those in REDG but not BETSD, it would be worth "paper trading" with a spreadsheet to practice buying when losers sell and see how you would have got on in the days and weeks ahead.
- Real company with a business plan.
- Previously held back by convertible debt on the ask at .0002.
- R/S 100:1.
- Several 100Ms bought at .0001 and .0002 deliberately by savvy traders to give a high share count post R/S.
An opening price above .01 would equate to a profit on shares bought at .0001 pre-R/S.
It may not be possible to trade legacy shares for a day or so but it will be possible to buy - so the action may be deceptive at first.
Like REDG, I have most of my shares at the cheaper levels so I have formulated various plans for various scenarios. For those in REDG but not BETSD, it would be worth "paper trading" with a spreadsheet to practice buying when losers sell and see how you would have got on in the days and weeks ahead.
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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.
