Red Giant Entertainment, Inc. (OTC:REDG) Jumps on Small Cap Stock Plays Pump
Prepare for a zombie apocalypse! Red Giant Entertainment, Inc. (OTC:REDG) is here to provide gorey entertainment and possibly high gains for investors. But since we are treading zombie territory, we need to be cautious for the 17-cent stock that recently spiked 20%. 
The most immediate reason for the stock’s small rising trend in the past week is a promotional email campaign, a no-compensation advertisement by pumper Small Cap Stock Plays. Along with this, REDG shows some prospects for developing movies based on its web comics. As an intellectual property company, REDG has the following financial resources to take over the world with its supernatural characters:
- $2,441 cash
- $74,775 current assets
- $29,282 total liabilities
- $32,443 net gain
It seems REDG made a good choice to abandon mining and take up an inexpensive business model that even provides a net gain and does not pull the small cap company into insurmountable debt. But the business has little to do with the sudden success among investors of this otherwise virtually untraded ticker.
The pump emails mention that REDG may start printing comics and actually has a library of titles lined up. It is unknown if REDG will accomplish the goal of becoming a comic book giant, but any stock developments will be happening way before this becomes clear. It is best to estimate your own level of acceptable risk, and since REDG is still unknown, it’s a wild guess which direction the ticker will take.
The pumper, Small Cap Stock Plays, shows a history of previous picks, with small or no compensation. But it is common for the selected stocks to shoot up disproportionately. An older pick, Blue Earth, Inc. (OTC:BBLU) went down by 20% after the pump was finished at the beginning of February.
It is curious if REDG will manage to shoot its promised movie Last Blood, a comic-based stories of vampires fighting zombies, and if the company can benefit from the latest trend in supernatural books and movies. Until then, watch your back in case the stock turns undead and eats your investment.
