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If I'm not mistaken, there was a significant bounce after Comicon.
Really? A few years? Tens of millions of shares are presently being bought at .0002. This will bounce up to at least .0006 before the split. After the split it will likely bounce again. After that it will be at risk of dropping unless there's great news announce. Just IMO, as was yours.
Stocks are supply and demand. Yes, there is dilution; supply increases. But it doesn't mean the demand won't or shouldn't be there. This is a great entry level. People get discouraged when they hear "dilution." Well, welcome to the world of penny land.I'm holding for the bounce/bounces.
IMO.
FCBD will create a run. IMO $$REDG$$
I don't think the PPS is necessarily out of line in relation to the amount of shares out there. I've seen stocks with more outstanding and a better share price.
Where are the astute REDG traders? Any comment on what's going on?
Buying has ground to a halt. Awfully quiet. . .
How many shares are you holding, if I may ask?
What were these shares sold at?
News just before the split would be better. IMO
We're really not that far from .0014, considering how far we've come.
Close to making a run, if volume pumps up. Anybody watching this?
bid vs ask looks good. About 41 mil at .0012. If we only had volume, we could get this thing to go.
I heard you, I hear you. We got a burst of volume going. Of course it's not near enough, but it chips away. . .
No volume, no bounce. Hopefully Benny promos the hell out FCBD so we see a bounce then. He said, "The sky's the limit." Right now it looks like the basement is just as infinite.
It might creep down a bit more, but FCBD should give it a bounce.
What's paramount, in my opinion, is when the MM's decide that they want to take profit.
Wonder when those market makers are going to let this thing run?
It had a couple of pretty good bounces after the r/s. If you averaged down on the drops. . .that's what I usually do.
need to chew up those .0013's
Hopefully they're learning by their mistakes. Thanks for the reply. I think we're basically on the same page with this company. I hope they completely utilize the FCBD event to springboard into something else. Hopefully they'll have something ready.
I still think this is a pretty good entry point leading up to FCBD. I'll continue to buy up to that point. I agree with a lot of what you say. Their problem has been, in my opinion, is that it has taken longer than investors expected for things to happen. People wanted movies farther along than they are. . . Maybe things have taken longer than Red Giant has expected too. Reality is, this is where we're at. I expect a decent bounce off of FCBD. I plan to be averaged to benefit from it.
Good point.
I've seen stocks that have done it many times. They simply change their name.
I still believe the r/s will create a bounce. How long it will sustain, is the question.
I looked at various stocks that did an r/s, and most get a bounce out of it. I would wait until after the r/s to make the decision to leave. IMO. Also, I think the stock price might get pushed up prior to: .0002 becomes .004. .0004 becomes .008, .0005 becomes .01.
All my IMHO.
It would be great if it got to .001 before the split. It would make AQUM look very desirable.
today?
wasn't going to be a change in rules on shorting?
Was that just a rumor?
Looking forward to the reverse split.
In the long run most don't do well. But then again most penny stocks don't succeed in the long haul. But in the short run reverse splits always seem to bounce the pps.
who's selling these shares?
what price do they use for the split? Is it what it is at the end of the day before?
Typically a reverse split is done to increase share price, so a company isn't de-listed from a market. What market would this company be afraid of being de-listed on?
I agree with a lot of what you said. I trade, and will to continue to trade this stock, on the small bounces. Never marry a stock, especially penny stocks. It is presently a POS. Maybe someday it won't be. I have quite a bit at .0015. I'll take profits when I can. I'll flip this stock on the way up or down. Of course, I hope it runs hard, but I don't think copper is in the near future, if at all. That's delusional.
That would be awesome, but let's be realistic and shoot for .001 first.
it went between .0001 and .0002 for a couple of months, then went up. Why wouldn't it do that again? Some people are bailing out with big losses, so they say.
this went between .0001 and .0002 for about 2 months before it went up. Why wouldn't it do that again?
What does that mean? 0?
How low is this going to go?
this must be across the board, because just about every penny stock I've looked at is in a similar situation.