this is rediculus. tripple the avg daily volume the past few sessions. this company has been loosing more money year over year for the past several years and has no signs of greatness. wondering if anyone can explain why the sheep bid this junk up.
I don't follow Cramer, so I had no idea he had recommended this stock. REDF routinely follows its natural cycle (with respect to price and volume) providing numerous opportunities for profit. In addition, REDF follows a price action which predominantly maintains itself within a nice channel. While many 'sheep' may have recently arrived (your observation) at the REDF party, those of us who have followed the ebb and flow of REDF over the last six months (see a daily chart), simply entered into a position on Friday riding the rising tide toward a quick profit. REDF has (in the last six months) cycled five times for a minimum of 20% gains in each cycle. I submit, it is Cramer who is late to this party. - Spydertrader
Great quick 10% in redf Spyder. Great Job. It is funny how all you need is a quality list of stocks and then enter with the ebb and flow(volume). Thatl in itself will do wonders.