REDG Trading - September 18. Started to see re
Post# of 1674
Posted On: 09/18/2015 11:01:03 PM
REDG Trading - September 18.
Started to see retail hitting the ask at .0004 for some significant buys again for the first time in a while.
MMs selling last of the convertible debt will move up when hit hard - which is more likely to happen with only 5 weeks to GSL launch now. Watch out for 5M>15M hits on the ask starting.
Remember how thin it was from .0003>.0007 a few weeks back before moronic flippers stacked the ask at .0007 with GTCs and then other flippers panicked bid whacking .0006 for 100% from .0003, and then .0005 for 66%.
The key to success with REDG is be patient, very patient,and don't panic. Let the flippers work themselves out.
Remember there will be multiple PRs on the run-up to Nov 4 - with a bit of luck, momentum will be sustained but be prepared for anything. There are people in this at so many different levels.
I have never taken a loss on REDG in over 3 years.
The big unknown is who was able to buy the 100sM at the 5-decimal places - perhaps insiders of the company, institutional investors etc- they would probably hold for financials next year when the extent of GSL profits become known.
All the above is just my opinion but what I'm working too.
Started to see retail hitting the ask at .0004 for some significant buys again for the first time in a while.
MMs selling last of the convertible debt will move up when hit hard - which is more likely to happen with only 5 weeks to GSL launch now. Watch out for 5M>15M hits on the ask starting.
Remember how thin it was from .0003>.0007 a few weeks back before moronic flippers stacked the ask at .0007 with GTCs and then other flippers panicked bid whacking .0006 for 100% from .0003, and then .0005 for 66%.
The key to success with REDG is be patient, very patient,and don't panic. Let the flippers work themselves out.
Remember there will be multiple PRs on the run-up to Nov 4 - with a bit of luck, momentum will be sustained but be prepared for anything. There are people in this at so many different levels.
I have never taken a loss on REDG in over 3 years.
The big unknown is who was able to buy the 100sM at the 5-decimal places - perhaps insiders of the company, institutional investors etc- they would probably hold for financials next year when the extent of GSL profits become known.
All the above is just my opinion but what I'm working too.
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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.