Plan looks good to me. I'm as confident as I can b
Post# of 1674
(Total Views: 1528)
Posted On: 03/03/2017 11:59:42 AM
Plan looks good to me. I'm as confident as I can be that $REDG will be more tradable after the restructuring than it is now.
Hopefully viewers here have been following my suggestion to plan their trading strategy after what is effectively a reverse split.
For those that continued to follow my BMIXD example - now back to BMIX - you could see how:
It already reached a high equivalent to 80% recovery of cost basis of .0001.
As expected, buying opportunities presented themselves on 25%>58% dips (.0210>.03 range) to easily double one's post r/s residual share count by buying when the disaffected / impatient holders sold - thereby halving the cost basis and giving many more trading opportunities from the bottom up on each update from the company.
My advice, ignore the comments on iHub and embrace the new opportunity.
I will already have a high share count post r/s but I will certainly be adding a lot more if the clueless non-traders from iHub just sell.
It is clear that there will be many updates over the coming weeks / months / years offering trading opportunities at whatever level it settles at.
Keep records of profits banked already, what REDG owes you now (your account will show all positive cash and no cost basis after r/s which many confuse as a profit) and trade accordingly to set up for possible large moves up as each step in the restructuring is confirmed in future updates over time.
Hopefully viewers here have been following my suggestion to plan their trading strategy after what is effectively a reverse split.
For those that continued to follow my BMIXD example - now back to BMIX - you could see how:
It already reached a high equivalent to 80% recovery of cost basis of .0001.
As expected, buying opportunities presented themselves on 25%>58% dips (.0210>.03 range) to easily double one's post r/s residual share count by buying when the disaffected / impatient holders sold - thereby halving the cost basis and giving many more trading opportunities from the bottom up on each update from the company.
My advice, ignore the comments on iHub and embrace the new opportunity.
I will already have a high share count post r/s but I will certainly be adding a lot more if the clueless non-traders from iHub just sell.
It is clear that there will be many updates over the coming weeks / months / years offering trading opportunities at whatever level it settles at.
Keep records of profits banked already, what REDG owes you now (your account will show all positive cash and no cost basis after r/s which many confuse as a profit) and trade accordingly to set up for possible large moves up as each step in the restructuring is confirmed in future updates over time.
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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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