Replies to post #69579 on Red Giant Entertainment, Inc. (fka REDG)

[Justafy7]

Agree

[duke2742]

The high volume is contributed to toxic notes being converted. 95% of the volume was absorbed my MM'S not by individual investors. No serious investor would put their money into this, that is just a fact. With al the .0001s they have, they will gladly sells at .0002 and will not "hold" for a higher pps.

This is another phase of the "DEAT SPIRAL" that this ticker is going through and if you understand pennyland, you know there is no recovery from a death spiral.

But you guys should keep throwing money at this.

[rickn23]

False facts.

If penny stock investors/traders believe REDG was worth serious money, they would have paid more for shares.

$150,000 is hardly serious money for 1.5 billion shares. It's the lowest amount that that many shares could trade at.

[devil dog 96]

That means they took $150K out of the market. That is a whole lot of the investors money. Now new investors and some of the old ones have to put it back to get us to where we were. That's not good.

My bet is before investors put it all back in Benny will snatch more out. If he would stop being greedy and value the companies shares this ticker would go up a bit.

We have seen this over and over with Benny. It's frustrating as hell! Not sure why so many people on this board can't sees what's going on here..

The dumps won't stop and an R/S is getting closer and closer. IMHO

[Tim696969]

Volume before price....Katie bar the door!