Copy of a response I posted elsewhere to someone w

Copy of a response I posted elsewhere to someone who saw today as a loss.

There were no losses unless people sold.

Some people only want to flip and not stay in either because of their history with REDG or they want to play something else with quicker - yet probably much smaller - returns. Obviously, they're not very good at flipping because if that was their intent they could have got .0006 / .0007 earlier if they had broken up their orders.

Others had some cheap shares and became weak hands and took a profit while they still had it.

Personally, I already have bids in at multiple levels to lower the cost basis of the number of shares I would need to keep on any run to make a $1M+ profit over time (with the current share structure and no reverse split), in addition to all the higher cost basis shares which can be sold and flipped on long runs for additional 5-figure profits.

Maintaining a spreadsheet and populated it on a cost basis from the bottom price up is your friend.

I might give examples later.

"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.