I can see your point, yet as a long, the short term is what I am talking about. There is nothing in the short term with REDG... That is why I took my tax break last week. I fully believe I will be able to buy in at the same or less in 30 days.
REDG has nothing on paper in the short term. That is what I am saying. If you are short, well I am a long, and I am sorry. I see long term potential with REDG, the GSL. The GSL has always been the potential bread and butter of REDG.
I don't see any short term potential with REDG as everything has been delayed except Magika. Magika will bring revenue, yet nobody really knows how much and when we will see any financials showing that revenue to justify a PPS move.
We do have news of an unknown "potential" partner, yet that is just potential and no time line is given, and it was only released to cut back on the firestorm from the GSL delay. It was premature to say the least.
Otherwise nothing has changed from when we were sitting a $0.0013 a few weeks ago. I think people buying in over the last two weeks will keep it from going back down to that, yet I don't see the PPS going any higher then the little pocket of movement it has found here.
In April and then the financials following it, is when REDG goes to copper or higher, not before. Unless something crazy happens. Everything supports those facts, aside from pumping.
That is not bashing, that is stating facts, and as a long it does not impact me. If you are here to flip, then yeah, I can see that would piss you off. Maybe we should have separate boards for longs and shorts/flippers.
Just my $0.02.....
Penny_Island
