Replies to post #748 on Reeds Inc. (REED)

[gumbie05]

By the looks of the amount of volume since they priced and placed their last PIPE ($0.375) it could be that the market has absorbed the bulk of the shares that wanted to flip for a quick profit. After yesterday’s earnings report, this should trek its way back to a dollar. Still long about half my position but will look to lighten up at around a dollar. Let’s see what happens. Good luck

- IMHO