We will sit between 2's and 4's until we get a firm POWFOLIO launch date.
The short-term money jumped in last week as they saw the potential for a POWFOLIO launch this week. Now that Glowdot has said it "hopes" to have a firm launch date this week they have put REDG on hold, yet they are still watching it.
Short-term money is what we need to move this stock and it will be back, yet not until we have a launch date. We will see even more once POWFOLIO launches.
Short-term money trades on hype and technicals. The technicals don't support an investment, so we need hype. We had it going into the weekend, yet lost it with no update and no launch announcement.
We need a Launch Date or POWFOLIO Launch itself...
Promises and pictures only go so far if we want to see REAL movement.
I bought some 4's yesterday to try and help, yet I should have waited for the 3's, I saw some 2's go today for a brief moment. We will hold here in my opinion until we have further news.
For once, I hope I am proved wrong...
Come on Glowdot, kick Benny in the arse and demand permission to hit the BIG GREEN BUTTON that says UPLOAD/LAUNCH app...
-PI