$REDG Trading Ahead - 2019.
I will closely monitor developments and keep followers up to date here.
In particular, I will alert when the stock is relisted again and when brokers convert the current bond back to shares at the correct original tax lot prices.
As followers here will know, those that loaded the bottom 2 price points .0001 and .0002 - from those who were impatient or just wanted to give up - control the majority of the shares now.
Furthermore, those who follow my plans for successful trading, will keep all - or at least a significant portion - of the cheapest shares from .0001 where you get a huge bang for your buck - to sell last (converted to free) as the company progress over the long term, and trade the lesser amounts held in the pyramid of loading at higher cost basis points for a conservative profit when the appropriate figure is passed.
This gives much better returns than the amateur "averaging down" methodolgy used by iHubbers - particularly since most of them didn't average down sufficiently for the position they were in - as evidenced by the contemporaneous records here and their comments there at the time.
Also, in our favor are the following:
- Huge No bid x .0001 and .0001 x .0002 buying on any relisted or "new initiative after a dormant period " stock - followed by .0003 to .0005 buying by those that missed the train at the first station and don't want to get left out - of which GNCP this week was an excellent example.
- I will be adding REDG back on the Watch List for my 878 followers as soon as it is relisted.
- We have the inside track on developments - because we are actively looking out for them in advance of buying more shares - rather than spotting a scanner move and having to either take a chance on immediate buying or risking losing the current price point whilst checking why it is moving.
- Taking control of more / all the available .0001s should be possible - enabling a thin move to the upside if their release for purchase at higher levels in the .0003 > .0010+ range is measured by savvy traders.
Hopefully it should be an exciting 2019 for REDG trading.
I will closely monitor developments and keep followers up to date here.
In particular, I will alert when the stock is relisted again and when brokers convert the current bond back to shares at the correct original tax lot prices.
As followers here will know, those that loaded the bottom 2 price points .0001 and .0002 - from those who were impatient or just wanted to give up - control the majority of the shares now.
Furthermore, those who follow my plans for successful trading, will keep all - or at least a significant portion - of the cheapest shares from .0001 where you get a huge bang for your buck - to sell last (converted to free) as the company progress over the long term, and trade the lesser amounts held in the pyramid of loading at higher cost basis points for a conservative profit when the appropriate figure is passed.
This gives much better returns than the amateur "averaging down" methodolgy used by iHubbers - particularly since most of them didn't average down sufficiently for the position they were in - as evidenced by the contemporaneous records here and their comments there at the time.
Also, in our favor are the following:
- Huge No bid x .0001 and .0001 x .0002 buying on any relisted or "new initiative after a dormant period " stock - followed by .0003 to .0005 buying by those that missed the train at the first station and don't want to get left out - of which GNCP this week was an excellent example.
- I will be adding REDG back on the Watch List for my 878 followers as soon as it is relisted.
- We have the inside track on developments - because we are actively looking out for them in advance of buying more shares - rather than spotting a scanner move and having to either take a chance on immediate buying or risking losing the current price point whilst checking why it is moving.
- Taking control of more / all the available .0001s should be possible - enabling a thin move to the upside if their release for purchase at higher levels in the .0003 > .0010+ range is measured by savvy traders.
Hopefully it should be an exciting 2019 for REDG trading.
Red Giant Entertainment Inc. (REDG) Stock Research Links
"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.
