Investor Sentiment Change Update. Over on iHub, more and more recognized longs have started to reappear and I have noticed a marked change in sentiment from "cautiously optimistic" to "very optimistic".
I would say that the majority of the small number who were posting over the past several months and who were vociferous about previous management failures to launch revenue producing items - and who stated that they would be averaging down to exit even - have started to see within the last week that REDG could very well turn out to be a multi-$M business after all.
That's based on the revenue earning potential of POW Folio - as more come to understand how revenue is produced and see the self-evident high quality of the platform - and the business model of the recently announced ZWAG Box. REDG does of course have many other potential forms of revenue that followers will be familiar with.
It is interesting to note that there has been very little evidence of opportunistic flipping and that most longs are not selling many shares at all - in fact, a few are still stating that they will be adding at .0005 and .0006.
REDG has certainly moved up relatively easily so far from .0002 with no huge walls often associated with stocks in the .000xs.
It will be interesting to see what next week brings in terms of trading.
If the POW Folio release date is set to coincide with Free Comic Book Day - May 7 - then it is very possible that we could see a .0010 breakout before then and a subsequent further run up on confirmation of the launch.
The extent of any initial surge will of course depend on how much is sold / available to buy at any particular level.
The initial uptick to .0005 saw only 17M shares available - of which 7M were rapidly cancelled - and only 2M added - and the entire ask was almost bought out in the closing seconds.
Looking ahead over the next 3 months, we have the launch of ZWAG Box and of the Markiplier mini-series prior to Comic Con San Diego. Doubtless Markiplier will be at CCSD again this year signing copies for fans - he is expected to have 15M followers on You Tube by then.
$REDG looking very good.
I would say that the majority of the small number who were posting over the past several months and who were vociferous about previous management failures to launch revenue producing items - and who stated that they would be averaging down to exit even - have started to see within the last week that REDG could very well turn out to be a multi-$M business after all.
That's based on the revenue earning potential of POW Folio - as more come to understand how revenue is produced and see the self-evident high quality of the platform - and the business model of the recently announced ZWAG Box. REDG does of course have many other potential forms of revenue that followers will be familiar with.
It is interesting to note that there has been very little evidence of opportunistic flipping and that most longs are not selling many shares at all - in fact, a few are still stating that they will be adding at .0005 and .0006.
REDG has certainly moved up relatively easily so far from .0002 with no huge walls often associated with stocks in the .000xs.
It will be interesting to see what next week brings in terms of trading.
If the POW Folio release date is set to coincide with Free Comic Book Day - May 7 - then it is very possible that we could see a .0010 breakout before then and a subsequent further run up on confirmation of the launch.
The extent of any initial surge will of course depend on how much is sold / available to buy at any particular level.
The initial uptick to .0005 saw only 17M shares available - of which 7M were rapidly cancelled - and only 2M added - and the entire ask was almost bought out in the closing seconds.
Looking ahead over the next 3 months, we have the launch of ZWAG Box and of the Markiplier mini-series prior to Comic Con San Diego. Doubtless Markiplier will be at CCSD again this year signing copies for fans - he is expected to have 15M followers on You Tube by then.
$REDG looking very good.
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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.
