Allstocks.com's Bulletin Board: REDI..bottom play

This is topic REDI..bottom play in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.

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Posted by metball4 on :

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]

Posted by skip on :

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...

Posted by metball4 on :

Ok thanks skip. I got in anyway, let see what happends.