Reality Racing Inc (RRGI)

[DirtyDawg]

The week left until the show airs has no effect on the shareprice. You might notice that even as the show aired it fist five episodes the stock was going down. There is no correlation between the shareprice and the actual airing. There is also no correlation between the quality of the show and the shareprice. To suggest this is wrong.

The shareprice is going down because someone is selling. It is not the investors who are selling, it is not management who is selling, it is not any of the longs that is selling. The person or entity that is selling received cheap shares or free shares and decided to cash in, for whatever reason. Eventually these shares will dry up, and the shareprice will stop its decline.

This shareprice of 4 cents is not a fair indication of what the stock is worth, imo, and suggests to me a good buying opportunity. I am not inferring the price will not fall further; it could go to 2 cents, for all I know.

But at some point, due to news, or earnings projections, or just plain common sense, the shareprice is going to rise.. and then it will become again a trading stock.

Some weak hands may fold here and move on; wish them the best. My money stays here.

Scotch