$REDG Relaunch Reminder. Anything at the botto
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(Total Views: 1309)
Posted On: 05/18/2017 9:06:35 AM
$REDG Relaunch Reminder.
Anything at the bottom of the OTC market can move up very easily and rapidly.
Try watching a properly set up scanner for catching trades off the bottom for a few days, let alone years as I have done.
That is entirely the area I specialize in almost exclusively now.
Walls of 200M>500M get torn down in seconds / minutes almost every day of the week on .0001 / .0002 stocks - often without any update from the company - with share structures up to 50 Billion A/S - and go on to trade 1B>3B in a single day moving up 1>5 ticks the first day alone.
Do not underestimate the power of big players who already have their .0001s and don't mind taking the .0001s and .0002s out in multiple quick 100M buys to then control the availability of a large portion of the cheapest shares and their availability in the .0003>.0020 range to those that take an interest after checking out Level 2 information after seeing it on their scanner. In addition, credible traders with a proven track record are likely to be commenting on serious forums like Investors Hangout and putting out volume / uptick alerts on social media.
Obstinate "glass empty attitude" people holding legacy shares - like the handful of usual suspects on iHub - who stack the ask at .0001>.0005 to get out even, for a 1-tick profit or for a loss, lose their shares in seconds and are left wondering what happened when the stock is suddenly a huge winner for the skillful and also the current "hot" stock in the market for the next few days / weeks / months.
Those that cancel their sell orders on REDG and keep an open mind - and study trading action generally - might just get a pleasant surprise at some point this year.
A lot of the posts on iHub by the small handful of jaded usual suspects are merely their opinion - they have no way of substantiating their assumptions.
Keep up to date here with just facts as they unfold - official statements from the company and trading action reports.
Study the loading summary daily / weekly.
Be ready to trade at all times if interested - trade what you see unfold.
Anything at the bottom of the OTC market can move up very easily and rapidly.
Try watching a properly set up scanner for catching trades off the bottom for a few days, let alone years as I have done.
That is entirely the area I specialize in almost exclusively now.
Walls of 200M>500M get torn down in seconds / minutes almost every day of the week on .0001 / .0002 stocks - often without any update from the company - with share structures up to 50 Billion A/S - and go on to trade 1B>3B in a single day moving up 1>5 ticks the first day alone.
Do not underestimate the power of big players who already have their .0001s and don't mind taking the .0001s and .0002s out in multiple quick 100M buys to then control the availability of a large portion of the cheapest shares and their availability in the .0003>.0020 range to those that take an interest after checking out Level 2 information after seeing it on their scanner. In addition, credible traders with a proven track record are likely to be commenting on serious forums like Investors Hangout and putting out volume / uptick alerts on social media.
Obstinate "glass empty attitude" people holding legacy shares - like the handful of usual suspects on iHub - who stack the ask at .0001>.0005 to get out even, for a 1-tick profit or for a loss, lose their shares in seconds and are left wondering what happened when the stock is suddenly a huge winner for the skillful and also the current "hot" stock in the market for the next few days / weeks / months.
Those that cancel their sell orders on REDG and keep an open mind - and study trading action generally - might just get a pleasant surprise at some point this year.
A lot of the posts on iHub by the small handful of jaded usual suspects are merely their opinion - they have no way of substantiating their assumptions.
Keep up to date here with just facts as they unfold - official statements from the company and trading action reports.
Study the loading summary daily / weekly.
Be ready to trade at all times if interested - trade what you see unfold.
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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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