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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » REDI..bottom play

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Author Topic: REDI..bottom play
metball4
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I'm gonna try and get some of REDI, i think it is ready for a nice bounce. Volume is heavy and it went down 50% for no good reason.

I'm somewhat new to this so DO NOT follow me, but take a look and do your own DD. Well see how this works out tomorrow.

Lets hope REDI is READY for a BIG BOUNCE!

[Smile]


goodluck with everyone elses picks today! [Smile]

Posts: 46 | Registered: Apr 2007  |  IP: Logged | Report this post to a Moderator
skip
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You might want to glance at the 50mil S-8 they just filed. Yes, volume is heavier than normal, but I bet the dilution is just starting.

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename %3D0001144204%252D07%252D031557%252Etxt%26filepath%3D%255C2007%255C06%255C13%255 C&symbol=REDI

And also, it just ran 100%+ on Friday. So, a retrace is expected. Not saying it won't bounce again, just thought I would let you know there is a good reason it was down today.

Played this one a while ago, BTW, thanks for reminding me of it. Might be good for some bounces during the dilution, and a good run after...

Posts: 2741 | From: Seattle | Registered: Feb 2005  |  IP: Logged | Report this post to a Moderator
metball4
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Ok thanks skip. I got in anyway, let see what happends.
Posts: 46 | Registered: Apr 2007  |  IP: Logged | Report this post to a Moderator
   

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