REDG My First Promotion Play and a Puny gain of $10 bucks!!

REDG or Red Giant Entertainment was the pick by Victory Mark Promotion. From doing my research and also talking to fellow traders out there Victory Mark promotions is a decent promoter. Not like AwesomePennyStocks but enough to make some noise!

Victory Mark is affiliated with three sites:

http://www.Preferredpennystocks.com

http://www.heropennystocks.com (Pennystockheros)

http://www.selectpennystocks.com

Victory Mark is usually compensated $500,000 for their promotions. REDG promotion was debuted on Thursday Feb. 28th at 9:30am

I was ready for this when I first got their alert the day before and also people were talking about it online getting prepared for it. Since this was my first promo play I set aside the exact money I was going to invest, how many shares I was going to buy and entry point.

I was using my TD Ameritrade account and already had my order queued, this is a great feature to have when you have plays like this. Thinkorswim can have your order out there in just one click. Obviously  I didn’t know it was going to be REDG but all signs were pointing to it so I was prepared. I had my order ready to go and was now just waiting for the confirmation. As soon as the email came out I saw REDG was the promo of the month and I hit the send button for my order. ……Wouldn’t you know it … I got rejected!

My blind-ass forgot to check my buying power, the order that I sent was way over, so I had to resend with lower shares and price. By now the price was rocketing up and I was going a bit crazy since I missed my entry point! REDG opened at .08 and I got in at .12

I was mad knowing I missed out on my position and potential profits! But I learned a lesson and next time I will be FULLY prepared!… I know a some traders got in at .09 and around .10 with major shares.

The price today is around .15 I know a few folks who made some good profits. Since this was my first pump and dump I did not want to hold over night and I sold for a puny gain by end of day. I am talking about extra puny like $10 bucks!  LOL

Check out the chart below, as you can see the jump from .08 to .14 was in just matter of minutes!

Volume: 78,976,741 shares traded.

REDG

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3 thoughts on “REDG My First Promotion Play and a Puny gain of $10 bucks!!

  1. I do agree with all the ideas you have presented in your post.
    They’re very convincing and will definitely work.

    Still, the posts are too short for novices. Could you please extend them a bit from
    next time? Thanks for the post.

  2. scott harper says:

    Victory Mark worst promoter ever ! They should notify shorters when they’re going to do a promotion, because it will go down for sure.

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