Update - February 24. First look at POW Folio c
Post# of 1674
First look at POW Folio comic reader: https://www.youtube.com/watch?v=I9NdIeCEat0
Keep an eye out for updates over the next 2 months on the launch of the Giant Size Line.
Ordinary retail investors did not get the bulk of the 472M shares that changed hands at .0001 on February 16. I The bid was only about 170M at the time and instant replacement bids did not get filled.
The rate at which REDG eventually starts to go up is anyone's guess at present. It will depend on whether there is any more convertible debt selling, at what level it takes place, whether people intend to average down just to get out even, and the amount of new interest.
What is clear is that the few people posting on IHub are not representative of the overall shareholder community - too few and mainly bashers with entrenched views. The few longs that post there appear to have become a bit more optimistic over the last couple of weeks - particularly about the POW Folio prospects but also a few other areas including the Giant Size launch.
Anything could happen - I'm concentrating elsewhere on a much bigger long-term play at present but I will try and give timely alerts here if I see any significant trading activity.
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A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.