If anyone is interested in looking at an example o
Post# of 1674
(Total Views: 292)
Posted On: 02/07/2017 6:14:48 PM
If anyone is interested in looking at an example of a recent r/s and the sort of trading that has taken place in the first 5 days, look at BMIXD.
At no bid x .0001 - r/s 500:1 - so .05 would be the equivalent of .0001 ask.
Day 1: 190,270 traded equivalent to 95M traded - range .025>.03.
Day 2: 990,681 traded equivalent to 495M traded - range .0102 > .02
Day 3: 295,507 traded equivalent to 147M traded - range .0103 > .015
Day 4:132,187 traded equivalent to 66M traded - range .011 > .0159
Day 5: 231,122 traded equivalent to 115M traded - range .0114 > .0185
Note:
On Day 1, there was a 25% increase as some bought to average down and probably half their cost basis for a medium term hold awaiting catalysts.
On Day 2, some decided to sell for as much as an 80% loss (compared to .0001) - others saw this as an opportunity and got the price back up buying way more than they inherited post r/s - typically I might buy 4 times as much making the new cost average relatively easy to get a profit on when patient.
On Day 3, that process continued with the range narrowing.
By Day 5, the price was almost back to where the determined losers started selling, but those who had been adding might now be in the green or within striking range of it in the weeks / months ahead with new catalysts.
This is merely an illustrative example - I have not taken into account the relative share structures of REDG and BMIXD - I'm just illustrating how after a r/s some choose to get 20% of the value of shares bought at .0001 (pretty pointless in my opinion) whilst others can skilfully trade themselves out of the position or set up for continued growth later.
I hope that helps some here formulate their plans for trading REDG in the new era.
At no bid x .0001 - r/s 500:1 - so .05 would be the equivalent of .0001 ask.
Day 1: 190,270 traded equivalent to 95M traded - range .025>.03.
Day 2: 990,681 traded equivalent to 495M traded - range .0102 > .02
Day 3: 295,507 traded equivalent to 147M traded - range .0103 > .015
Day 4:132,187 traded equivalent to 66M traded - range .011 > .0159
Day 5: 231,122 traded equivalent to 115M traded - range .0114 > .0185
Note:
On Day 1, there was a 25% increase as some bought to average down and probably half their cost basis for a medium term hold awaiting catalysts.
On Day 2, some decided to sell for as much as an 80% loss (compared to .0001) - others saw this as an opportunity and got the price back up buying way more than they inherited post r/s - typically I might buy 4 times as much making the new cost average relatively easy to get a profit on when patient.
On Day 3, that process continued with the range narrowing.
By Day 5, the price was almost back to where the determined losers started selling, but those who had been adding might now be in the green or within striking range of it in the weeks / months ahead with new catalysts.
This is merely an illustrative example - I have not taken into account the relative share structures of REDG and BMIXD - I'm just illustrating how after a r/s some choose to get 20% of the value of shares bought at .0001 (pretty pointless in my opinion) whilst others can skilfully trade themselves out of the position or set up for continued growth later.
I hope that helps some here formulate their plans for trading REDG in the new era.
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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.
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