Copy of a post I made elsewhere in response to a c
Post# of 1674
Posted On: 04/27/2016 1:34:41 PM
Copy of a post I made elsewhere in response to a comment about lack of ask hitting at present.
I fully understand that people who have been following $REDG for a considerable time - whether it is 4 years since the "buyback / hoping to get a film deal through contacts at Comic Con" era or much more recently like yourself - may be reticent to jump in and hit the ask in the high .000xs.
I agree with your observation as evidenced by the 100s of views a day I get on my posts on a major board elsewhere which are clearly not yet being translated into buys - but people are watching daily and waiting for confirmation of the POW Folio Launch, initial take up of subscriptions on ZWAG Box, a Markiplier video promo etc.
If "a lot of people have lost money", that is only because they were impatient, made a knee jerk reaction to news headline without fully reading the text (the "fine" non-issue in late 2014 - smart people who kept their cool doubled their holding in 20 minutes for the same money) or turned an unrealized loss into an actual one by selling - often because they followed the mantra of others who make a living out of selling "chart systems" regarding when to sell and buy - rather than long-term observation, analysis, common sense and skill.
Personally I have never sold any REDG for a loss, I have made multiple large profits over 4 years selling a portion on major runs, and accumulated a large holding of shares that I can sell at leisure on major future runs and over many months.
Everyone's tolerance for risk is different.
Everyone's skill at reading the actual situation (actual trading action, make-up of real longs vs pumpers vs bashers vs opportunistic flippers, balance of probabilities, validity of future prospects vs irrelevant past performance) and analyzing possible scenarios is different.
Everyone's skill at trading - particularly if they have access to advanced features - is different.
There is no doubt in my mind that $REDG has the best prospects in it's history to make huge 5/6-figure profits for shareholders providing it is executed correctly.
I'm not seeking to persuade anyone else - I will be doing my own thing regardless in the months and years ahead and making money doing it.
I fully understand that people who have been following $REDG for a considerable time - whether it is 4 years since the "buyback / hoping to get a film deal through contacts at Comic Con" era or much more recently like yourself - may be reticent to jump in and hit the ask in the high .000xs.
I agree with your observation as evidenced by the 100s of views a day I get on my posts on a major board elsewhere which are clearly not yet being translated into buys - but people are watching daily and waiting for confirmation of the POW Folio Launch, initial take up of subscriptions on ZWAG Box, a Markiplier video promo etc.
If "a lot of people have lost money", that is only because they were impatient, made a knee jerk reaction to news headline without fully reading the text (the "fine" non-issue in late 2014 - smart people who kept their cool doubled their holding in 20 minutes for the same money) or turned an unrealized loss into an actual one by selling - often because they followed the mantra of others who make a living out of selling "chart systems" regarding when to sell and buy - rather than long-term observation, analysis, common sense and skill.
Personally I have never sold any REDG for a loss, I have made multiple large profits over 4 years selling a portion on major runs, and accumulated a large holding of shares that I can sell at leisure on major future runs and over many months.
Everyone's tolerance for risk is different.
Everyone's skill at reading the actual situation (actual trading action, make-up of real longs vs pumpers vs bashers vs opportunistic flippers, balance of probabilities, validity of future prospects vs irrelevant past performance) and analyzing possible scenarios is different.
Everyone's skill at trading - particularly if they have access to advanced features - is different.
There is no doubt in my mind that $REDG has the best prospects in it's history to make huge 5/6-figure profits for shareholders providing it is executed correctly.
I'm not seeking to persuade anyone else - I will be doing my own thing regardless in the months and years ahead and making money doing it.
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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.