Trading Summary - July 14. Ask at .0002 at the
Post# of 1674
Posted On: 07/14/2016 4:06:36 PM
Trading Summary - July 14.
Ask at .0002 at the open was 196M then increased to 301M by the one-tick flippers. The same few clueless individuals continue to be responsible for this difference every day - sooner or later they will get slapped and not be able to get back in.
1 x 5M slap on the ask at .0002.
No significant trades at the bid price - just a few paint down attempts which nobody fell for.
Total volume 5.13M.
Peak bid 196M at .0001 - up 12M from yesterday..
No convertible debt selling for 8 business days in a row.
All convertible debt sellers have remained at .0010 for 8 business days now.
Ask in GTCs at close was 196M (same as yesterday).
I still 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 if revenue in the $Ms is confirmed at year end as expected.
50M shares bought at .0002 (cost basis $10K) would yield the following gains:
at .0020: $90K
at .0050: $240K
at .01: $490K
at .02: $990K
Ask at .0002 at the open was 196M then increased to 301M by the one-tick flippers. The same few clueless individuals continue to be responsible for this difference every day - sooner or later they will get slapped and not be able to get back in.
1 x 5M slap on the ask at .0002.
No significant trades at the bid price - just a few paint down attempts which nobody fell for.
Total volume 5.13M.
Peak bid 196M at .0001 - up 12M from yesterday..
No convertible debt selling for 8 business days in a row.
All convertible debt sellers have remained at .0010 for 8 business days now.
Ask in GTCs at close was 196M (same as yesterday).
I still 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 if revenue in the $Ms is confirmed at year end as expected.
50M shares bought at .0002 (cost basis $10K) would yield the following gains:
at .0020: $90K
at .0050: $240K
at .01: $490K
at .02: $990K
(1)
(0)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.
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