RED 2.44% 42.0¢ red 5 limited

someone playing games, page-7

  1. 1,673 Posts.
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    Compared to half a year ago and earlier, there is a nice volume of RED shares traded every day. This shows that the market has become aware of RED, unlike before, where hardly any shares were traded, followed by a strange pretty large cross from time to time. Long term holders will remember this.

    What is happening now, IMHO, is a consolidation in the teens. The raising trend that commenced in Jan 09 continues and I will only be warried if the sp goes to single digits. From a chart perspective now is an interesting time - for the next few weeks I will be watching if the long term trend continues or is broken. Considering that this LT trend has continued, despite the significant cap raisings and share placement, is a good sign.
 
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