Trading Summary - July 8.
Ask at open and throughout the day was 275M - reduced by 24M from yesterday.
4.5M slap on the ask at .0002 in the opening seconds.
34M bid increased to 131M after 10.8M traded at .0001.
Convertible debt seller MM CFGN remained at .0010 for the third day in a row.
Ask in GTCs at close was 176M - down 11M from yesterday - so 99M in day trades from indecisive sellers who will probably hold for more on a serious move up - one of the iHub flippers probably accounts for 40M of these.
Total volume 16M today.
I expect more people to start to hit the ask at .0002 the nearer it gets to San Diego Comic Con - people won't want to be left without relatively cheap shares and the difference in paying .0001, .0002 or even .0005 is irrelevant to those that see REDG going to .01+ again eventually nearer the end of the year or in 2017.
Ask at open and throughout the day was 275M - reduced by 24M from yesterday.
4.5M slap on the ask at .0002 in the opening seconds.
34M bid increased to 131M after 10.8M traded at .0001.
Convertible debt seller MM CFGN remained at .0010 for the third day in a row.
Ask in GTCs at close was 176M - down 11M from yesterday - so 99M in day trades from indecisive sellers who will probably hold for more on a serious move up - one of the iHub flippers probably accounts for 40M of these.
Total volume 16M today.
I expect more people to start to hit the ask at .0002 the nearer it gets to San Diego Comic Con - people won't want to be left without relatively cheap shares and the difference in paying .0001, .0002 or even .0005 is irrelevant to those that see REDG going to .01+ again eventually nearer the end of the year or in 2017.
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.
