Catpole. I agree. Some - even the most dissenting
Post# of 1674
Posted On: 08/14/2016 11:41:03 AM
Catpole. I agree. Some - even the most dissenting - have admitted they have now bought some at .0001.
A lot of the comments from disaffected people stem from the fact that at various points over the last 4 years, they chased the price up and then were either impatient or didn't adapt their trading style to the changing situation over the following 6-18-month period to take advantage of the next huge run.
Here are just a few examples of particular note:
When the O/S was lower and just after the company share buyback scheme started 4 years ago, there were very few shares to be had in the .012>.02 range on a large spread and so, when there was an .02 break, some chased it up.
Several months later, after the stock had gone down to around .0007, it was loaded by a few and crept up to around .0011 on just a few M per uptick at which point I alerted it and was ignored. By the time I alerted it a second time at the .0015 break, it was upticking on about 5M>15M per .0001 rise. An opportunistic newsletter group spotted the rapid break above .0030 the same day and propelled it eventually above .02, with again a lot of people chasing.
Subsequent to that, when convertible debt selling was rife in the .0055>.0030 range, many loaded vast amounts expecting it to go .01+ again at anytime, and then didn't buy and trade more at lower levels in established channels which lasted for weeks / months.
When it was happily trading in the .0020s, one basher managed to cause a panic sell into the .001xs with a one-line comment.
On another occasion, a few read a news headline containing "SEC" in the title and started a panic sell from .0014 > .0007 - only to discover minutes later if they read the whole news item properly that it was to do with an admin error for which the small fine to be paid had already been put in ESCROW and was not a significant factor overall. Weak hands who made a knee jerk reaction to sell lost 50% of their money needlessly as those with the confidence to buy at the bottom doubled their holding the same day in 20 minutes - with a hard bounce and reversal - with an opportunity just a few months later to sell in the mid-.0030s.
Bottom line - there has never been a need to sell $REDG for a loss - some people chose to - and I have proven that it is possible to make multiple 5-figure sums if you are patient.
The dozen or so people who post adverse comments on iHub - based on either their perception or agenda - are clearly not representative of the overall shareholder community as evidenced by the current large scale buying at .0001 and the daily view figures here.
A lot of the comments from disaffected people stem from the fact that at various points over the last 4 years, they chased the price up and then were either impatient or didn't adapt their trading style to the changing situation over the following 6-18-month period to take advantage of the next huge run.
Here are just a few examples of particular note:
When the O/S was lower and just after the company share buyback scheme started 4 years ago, there were very few shares to be had in the .012>.02 range on a large spread and so, when there was an .02 break, some chased it up.
Several months later, after the stock had gone down to around .0007, it was loaded by a few and crept up to around .0011 on just a few M per uptick at which point I alerted it and was ignored. By the time I alerted it a second time at the .0015 break, it was upticking on about 5M>15M per .0001 rise. An opportunistic newsletter group spotted the rapid break above .0030 the same day and propelled it eventually above .02, with again a lot of people chasing.
Subsequent to that, when convertible debt selling was rife in the .0055>.0030 range, many loaded vast amounts expecting it to go .01+ again at anytime, and then didn't buy and trade more at lower levels in established channels which lasted for weeks / months.
When it was happily trading in the .0020s, one basher managed to cause a panic sell into the .001xs with a one-line comment.
On another occasion, a few read a news headline containing "SEC" in the title and started a panic sell from .0014 > .0007 - only to discover minutes later if they read the whole news item properly that it was to do with an admin error for which the small fine to be paid had already been put in ESCROW and was not a significant factor overall. Weak hands who made a knee jerk reaction to sell lost 50% of their money needlessly as those with the confidence to buy at the bottom doubled their holding the same day in 20 minutes - with a hard bounce and reversal - with an opportunity just a few months later to sell in the mid-.0030s.
Bottom line - there has never been a need to sell $REDG for a loss - some people chose to - and I have proven that it is possible to make multiple 5-figure sums if you are patient.
The dozen or so people who post adverse comments on iHub - based on either their perception or agenda - are clearly not representative of the overall shareholder community as evidenced by the current large scale buying at .0001 and the daily view figures here.
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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.