Facts debunking nonsense that has been posted on i
Post# of 1674
- $REDG does not need to do a R/S anytime soon - the O/S could be increased almost 50% within the existing A/S.
- Plenty of .0001 stocks at the bottom of the OTC market - with billions of shares in circulation - get run up by individuals or groups who load them at .0001 and then start buying at higher levels when the time is right for them. I have noted this on 8 stocks in the last several weeks.
- 1B shares of $REDG have been bought on the ask at .0001 in the last 26 trading days. It is irrelevant whether any of these are convertible debt sells or not - someone bought them specifically because they expect the price to go up at some point in a time frame that is acceptable to them.
- Over 3B shares have been loaded at .0001 since July 1. On the day when 1.5B were traded, there was only a few 100s of M on the bid initially. Despite this, someone / groups were happy to keep topping up the bid and / or hitting the ask until 1.5B had been traded.
- The last time $REDG came off the bottom, it had been there for several months, had 1.1B loaded and then ran to .0008 in a relatively short period (see posts here at the time for how easily it upticked). This time, there is the added impetus of 3 x distinct revenue streams to be reported upon eventually and deeper pockets at play in making it run regardless of anything the company says or does.
- A very small portion of ZWAG Box customers actually post anything on Facebook.
Red Giant Entertainment Inc. (REDG) Stock Research Links
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.