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bigfish1972

03/11/13 11:31 PM

#2318 RE: rocky18 #2314

Yeah, I've been in and out 3 times, and am done with it for now. Today was a make or break day, in my opinion. It might trade sideways and then go up, but the odds of that happening are kind of rare at this stage of the game. The more likely scenario is that this pig is cooked.

Treat all pennies like pieces of garbage that are all scams, because most of them are. Do not believe ANYTHING that they PR. Most importantly, take profits if and when you have them and limit your losses to small ones. Also, don't believe anything that you read on message boards, especially this one. Data doesn't matter down here in the OTC market. Volume and price action do. Today's volume was low, which actually you want red days to have low volume, so that is one positive. If REDG is to go back up, volume will have to pick up tremendously. Many bagholders just like you are just sitting and waiting for it to come back up, holding and hoping. We call that drinking the Kool-Aid.

Hope this turns around for you, but just please don't have too much pride to take a loss. I hate to see anyone get hurt like many already have been here, but I think I hate even worse to see people keep holding onto a loser, thinking it's going to come back up. Just check the charts of their previous 5 or 6 picks and see where they are today. That's where this will end up as well. It never fails.

Good luck.