Great position to be in watching REDG coming off t
Post# of 1674
Posted On: 04/15/2016 2:19:48 PM
Great position to be in watching REDG coming off the bottom with a very good feel for who managed to buy how much at what price.
Almost no normal retail buyers got many .0001s - quite a few had large GTCs in for the 60 days allowed and didn't get a single fill. Any longs who got .0001s and .0002s probably need them to build up their holding so that they can sell off much higher price buys from last year as they go into profit over the next few months whilst still retaining a sizeable holding for when revenues from POW Folio become known at the end of the year.
Almost no normal retail buyers got many .0001s - quite a few had large GTCs in for the 60 days allowed and didn't get a single fill. Any longs who got .0001s and .0002s probably need them to build up their holding so that they can sell off much higher price buys from last year as they go into profit over the next few months whilst still retaining a sizeable holding for when revenues from POW Folio become known at the end of the year.
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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.
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