EXTRA---EXTRA---BREAKING VENTUROUS NEWS---READ ALL ABOUT IT!!!! Please excuse me for using this type headline but I am trying to emulate Sierra's type of tabloid "journalism" which there is a newspaper term for but I cannot think of it at the moment. The headline they used was---"Time Warner New Press Release
Confirms New Movie Contract With Red Giant Entertainment (REDG) Ventures Sierra World Equity. Shares of REDG rose over 20% during Friday's session". Because of one well chosen WORD by Sierra, I will VENTURE to say that there will be no delayed opening or statements required from the two companies involved. All because of one innocent, well placed word, that word being "VENTURES"' which translates into
"To express at the risk of criticism". So they're off the "hook" and free to carry on as per usual. The trading in REDG will depend on the buy and sell orders placed by investors, not on any "hard" news of an assured contract for REDG with Time Warner.
I'm glad all,posters used such terms as " IF it is true", "If it is valid", " comes to fruition". I think practically
everyone had that tone of doubt. And many if not all did some DD. That speaks highly of those posting, IMO.
I also have another low priced stock which Sierra highlighted this same weekend in a similar manner.
Lockheed is suppose to take them over. It will also be interesting to see how they trade today.
Also, there was a post made by one of our boarders concerning Disney and the large sums o money they made by producing a picture about one of Marvel's comic strip characters. Viacom and Time Warner were also mentioned in the article as well as REDG and their IP properties. Possibly this might have some effect on trading today, Monday. Somehow or other I lost the post. I do not know how. Maybe I touchéd the keyboard in the wrong place or maybe the article was deleted. If anyone out there still has that article I would be very appreciative if you could find a way of getting it to me. Thanks and GLTA.