REDG Trading Tuesday June 23: As expected, very fe
Post# of 1674
Posted On: 06/23/2015 4:58:25 PM
REDG Trading Tuesday June 23: As expected, very few shares were actually picked up at .0014 (on either the bid or the ask) - around 3M.
It looked like someone was attempting to get cheap shares by stacking the ask at .0015 (up to 8M out of 10M) hoping to intimidate someone who was willing to sell from .0008>.0010 into a larger bid at .0013 that was not visible This was thwarted by others out bidding at .0014 and the blocking portion of the ask was cancelled on 2 occasions before it got slapped and lost. If he tries it again, he won't be so lucky !
Thereafter, 1.08M was taken on the ask at .0015 leaving almost nothing again.
So, the pattern continues of a few people who know how REDG can move slowly building up a position by stealth as the countdown to San Diego Comic-Con continues with the very high probability that further announcements will be made by then of additional revenue producing developments.
Go REDG !
It looked like someone was attempting to get cheap shares by stacking the ask at .0015 (up to 8M out of 10M) hoping to intimidate someone who was willing to sell from .0008>.0010 into a larger bid at .0013 that was not visible This was thwarted by others out bidding at .0014 and the blocking portion of the ask was cancelled on 2 occasions before it got slapped and lost. If he tries it again, he won't be so lucky !
Thereafter, 1.08M was taken on the ask at .0015 leaving almost nothing again.
So, the pattern continues of a few people who know how REDG can move slowly building up a position by stealth as the countdown to San Diego Comic-Con continues with the very high probability that further announcements will be made by then of additional revenue producing developments.
Go 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.