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Had the same buying problems myself the past couple of days ... Sitting on a LARGE holding waiting for the bounce. Great patience with this beauty!
Strong response ... like this company's transparency! There seems to have been lots of rumor and inuendo about having participated in pump campaigns. Emphatically denied in this article.
http://www.marketwire.com/press-release/red-giant-entertainment-strenuously-denies-any-involvement-unsolicited-email-featuring-otcqb-redg-1790988.htm
A green close would cap one heck of a crazy day!
This can only be summed up in one word: CRAZY!
Make it twice ... with a BIG smile on my face!
Lots to be said for the quality of your post - most important was the close above .90 part.
Only once Since March 27th, by my records, have we closed at or above that threshold.
Happy with today's move ... tomorrow only gets more interesting!
laughable ... thanks!
http://www.bizjournals.com/orlando/blog/2013/05/possible-tesla-movie-obj-interview-of.html
My two favorite answers:
Question: On the $5 million line of equity, will that help to finance what we were talking about before, as far as the hiring and warehousing space and the like?
Answer: Possibly. It all depends. There are many ways to skin the financing cat, but we weren’t looking to sell stock and stuff like that and do things that would adversely affect the company. We just started hiring more people, mostly still remote, but as you know, we need local personnel as well as the space. I go and pick up about eight tons of books at the end of this week or early next week. Storage space is going to be necessary very shortly.
Question: What else is coming down the pike?
Answer: We’re working on tons of other big stuff. I’m more of a show-don’t-tell person if I can help it. The one thing I will say is when we’re making an announcement, we’re not making a pie in the sky here’s what we might do announcement.
GO REDG!
Picked up another chunk of shares just before the close. Accumulating at these prices just seems to be the best thing to do. GLTA
No run up today, yet. Still smiling though, as I add more shares!
Loaded some on the recent dip ... accumulating.
5k for me.
Picked up some more today in the last 10 minutes of trading ... interesting couple of weeks ahead, no doubt!
Rickn, if it were just "comic books with advertising" as the revenue source, I'd agree 100 percent with your assessment of this companies chances. BUT, with movie deals all ready in the works, a known producer on board and 5M capital at their disposal this is much larger than a few comic books. Look at the multi-media platform and the picture gets a whole lot bigger and clearer.
I'm taking the upside. GLTYA
Let's just agree to disagree ... and, we shall see how this plays out.
You can bet I have it bookmarked.
Go long FNMA ... go very long!
No. There's more than one. It's what creates the "risk" in this stock play. It's also the reason the stock price is so low. And, why it will remain so until the "wind down" plan is determined.
"wind down" ... read that as the government dismantling Fannie and you are looking to trade the stock short term. Read it as the government changing but maintaining Fannie and you are looking at the stock long term. Seems rational enough, no matter who or how many times it's posted. And, after reading a few thousand posts, I've seen it a lot.
I believe it is going to be the latter.
GLTA
You bullish or bearish on this stock, Bodach?
Thanks, LC!
How about an L2 update.
Was not theorizing, just responding to the post suggesting it. I will repeat that I (nor anybody else) know what's going to happen with this stock. We can be sure only that it's raking in money. That's certainly what has my full attention.
In complete honesty, I'm not (and nobody is) sure of anything. However, if a reverse split means getting this thing out of c-ship and capable of reaching its true value, I'm not sure that's necessarily a bad thing for shareholders.
Politely disagree. My biggest worry was to hear something that would "hurt" me as a shareholder. He did not say anything negative on the matter. I take that as a positive. GLTYA
What time is the CEO interview on Bloomberg today?
Sensible and rational post. Like those. Thanks!
Find it easy to load on this news and at this level ... going higher is no longer in doubt for me.
Not a question of IF to buy but, rather, WHEN to buy!
Couldn't agree more. Sure, it would be great to see a bounce but I'm sure a whole lot more content with the bottom rising than falling. Overall share trading numbers are relatively light - holding through such times seems to me to be a good sign.
At the risk of being made a fool, I shall post my thoughts. Been watching FNMA for too long. Read every post. Do my own DD, some of which provided by many of you, thanks! Missed the initial run up but have managed to steadily accumulate since mid-.50's.
What my rather untrained eye sees is profit possibility for all. This is a ridiculously low priced stock that caught shrewd eyes and (Blue) some caught it at the most ridiculous of entry points. The political reality which the shorts seem to be trying to play is probably going to make some money on that end. Flippers and day traders (and chartists) are also profiting playing the dips and rises. Money to be made by all, it appears.
As for those of us who will take it long, I have no doubt this will be a stock many who are way late to the party or choose to stay on the side will be kicking themselves for a long time. As to the wait for me - it's in political hands which means nothing will happen quickly ... They'll bobble it, I am sure, BUT it appears to me a ball (which they put into play when they saved it, by the way) that's now created more momentum than they'll be able to stop. Wait and hold I shall ...
Just one man's rather lengthy but humble opinion.