Sentiment and trading since the video update.
Over the weekend, there were surprisingly few commentators on social media. On iHub, 20 of the usual suspects were bashing in the hope of getting the price to stay at .0002 or even down to .0001. These posters are a very small sample of the total number of shareholders which must run into the several 100s if not 1000s.
On Monday, there was no dump into the large bid at .0001. 85M+ shares were bought at .0002 - mostly on the ask whilst most of the bashers were absent.
Today, fewer bashers are present - they had no effect yesterday - and there have been relatively few trades. The bid at .0001 has climbed from 480M when first seen yesterday to 535M now. A few people are still attempting to sell for a loss at .0002 (just 20M on the ask).
I believe - and it is just my opinion - that the majority of shareholders will wait to see if Pow Folio launches on time as an instant revenue source to tide REDG over until the planned Giant Size launch on May 8.
Over the weekend, there were surprisingly few commentators on social media. On iHub, 20 of the usual suspects were bashing in the hope of getting the price to stay at .0002 or even down to .0001. These posters are a very small sample of the total number of shareholders which must run into the several 100s if not 1000s.
On Monday, there was no dump into the large bid at .0001. 85M+ shares were bought at .0002 - mostly on the ask whilst most of the bashers were absent.
Today, fewer bashers are present - they had no effect yesterday - and there have been relatively few trades. The bid at .0001 has climbed from 480M when first seen yesterday to 535M now. A few people are still attempting to sell for a loss at .0002 (just 20M on the ask).
I believe - and it is just my opinion - that the majority of shareholders will wait to see if Pow Folio launches on time as an instant revenue source to tide REDG over until the planned Giant Size launch on May 8.
Red Giant Entertainment Inc. (REDG) Stock Research Links
"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.
