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You mean the company should hire a lawyer for slander and defamation right?
It's both....The stock price has only ever grown long term. And the dips that occurred had material catalysts to help the company. Like I say, if you do it right you'd have a larger long term position, and maybe a smaller position to trade around as dips occur (profits go to long term position). Averaging down here has always worked out if you time things right. Oversold conditions have always led to a snap back from what I can see.
Lol he'll never be one of us. And he's certainly not disgruntled or facing any kind of hardship because of the R/S or stock price. Once you realize how many shares he has and what they cost him, many here will throw away Armen's post as fodder. Only so many here I have sympathy for. I've seen the stock price go from .005 to .26 and shareholders still complain that it didn't hit $1 and that they're out so much money now. With the right investing acumen, anyone could have made a good amount of money and still be long the stock.
It's definitely not smart to sell here with how oversold it is. It'll probably rip back to $6-10 at some point is my guess.
Coverted equivalent price now .017 (3.40).
I don't think we go any lower than $1.50-$2.00 which would be .0075 to .01. Would be very hard to believe with things this oversold.
It is true that an R/S done right in conjunction with an uplist can have an absolutely bullish outcome.
Problem is I don't see that they did it right. I see the R/S as a way to reset the psychology of investors so they're confused about how much the shares are really worth now. All they see is the share price not the converted price.
Issue with RXMD has always been VOLUME. You need VOLUME whether the price is .005, .03 or $100 a share. You need actual buying with volume.
When this ran to .25 cents in 2018 that's now equivalent to around $50-55 a share.
Hopefully I'm wrong and my ignorance of this new company will allow this to fly from here.
Wow...much different than what people we're talking about even 1-2 years ago. That was SO smart to get rid of Mars lol. What a joke. Armen is probably an AI generated voice that doesn't even exist.
Now do Midam Ventures....
Haven't posted in a while but been waiting to chime in on this subject. I've been in most of the major airports the last 2 years and traveling all over the US. Never had any issues. Sniffles and a headache maybe?
I take:
Quercetin
Vitamin D3, C
Elderberry
Zinc
Turmeric
Ginger
Echinacea
L-Lysine HCL
Black cumin seed oil
At the end of the day exercise and taking care of yourself is the best you can do. We don't hold people responsible for their own healthy choices and habits now a days in the US. Sad times. Instead of "You didn't take care of yourself" we say "I feel so bad for you Covid is such a killer!!"... You can't eat Wendys and smoke cigarettes every day and be guaranteed "healthcare". Actual healthcare is how you take care of yourself. People depend on pharma but they're kidding themselves.
Shital understood and took the shareholders seriously. Whereas Armen thinks we're fly by night because it's the OTC. Yet every time they put up an RS vote we knock it down. So they can dismiss us but we have prob over 100M shares locked down that can't be touched. That's why they're prob so frustrated. They want to wash us out with a promo every now and then so we sell. We're not selling until we get to big boy numbers so they'll have to try harder I guess
LOL I hope that's just a joking comment. A lot of the OGs have been around for a while accumulating including myself with still over 10M. We started around .005 or even lower in some cases when we bought. So it's really not farfetched to have that many shares. Even Instatrader had a huge amount at one point, probably still does. 10M at .015 average is 150,000. So SF probably has around 250,000 - 400,000 in RXMD if I had to guess.
We'll get there it just isn't going to happen in 1 day
The only people who complain are those who bought at crappy prices. If you suck at entering in a position how is that RXMD's fault?
Hmmmmm let's buy RXMD ALL IN at .25....
And then say RXMD sucks because the price dropped from .25 to .05 lol
Again, I use the GME example. Those who bought at 450, should they be mad at GME or themselves?
Next time look at a chart to see where a good price to enter is..don't do it on hype
How can anyone with an IQ over 50 not see what has happened the last 5 years. "Dilute" is subjective as one could say they're funding the company in various ways. This isn't a reverse merger shell game where "dilute" means cash machine. In this case the money is used to pay off debt which is building up the business. 2 different things.
Second, if dilution is such a burden to this stock, how have they managed to increase the OS substantially while increasing the PPS?
If we were still at .005 or .01 and the dilution was there we would be having a different conversation.
But you mean to tell me we've appreciated the PPS while adding to the OS?
LOL what more do you want? $10 tomorrow?
There are a ton of active service members and vets invested in RXMD. I remember some of them from years ago and some still post today. I also do sincerely thank you for your service and I think we can all say that.
What do other crappy shell merger penny stocks have to do with this one? It's not a guessing game. They report their revenue and profit. Are you saying other OTC stocks have the same financials and aren't making it? Or just one broad generalization that OTC stocks rarely make it? Well that goes without saying. But once you be more specific RXMD isn't in that bucket. If you went long back in 2015 would you be sick of .005 to .05? I think a lot of you whiners just showed up and are trying to assume you know the history. Otherwise what are you talking about?
Break above and multiple closes above .0575 sends us to .07-.08 area
Awesome! As I said a week or two ago, perfect time to release something once they think this bottomed. Yes, it could have also just been a timing thing. But they probably wanted a nice shiny price of at least .05 first as noted in the S-1. Between now and spring nothing but positive catalysts in my opinion. Who the hell know now how high this goes.
You still don't understand.
Armen was around 5 year ago too.
How come we're not "hanging around" at subs .01 or .02s anymore?
You keep missing the point (on purpose IMO) that we build a higher base every year that goes by.
Lol you didn't read what I said. .20 and .26 were overshoots.
If you bought GME at 450 would you call them bag holders too?
Or just people who bought in too early?
At some point you experts do actually have to admit that some investors are better than others.
If I was advising people who wanted to buy at .20 or .26 I would have told them to wait for it to cool off.
Not my problem if they don't understand simple chart concepts.
It's a moronic comparison because it's unrealistic. If he said it sucks that it falls to .03 every time it hits .05 that's one thing.
Nothing I posted was exaggerated. All facts and math.
You're not paying attention then. Take an honest look going back just 5 years. Compare that to the company's revenue. When you say it jumps and then slowly goes back down, it's going back down to where though?
5 years ago the stock was "jumping" to .03-.05 cents from subs and everyone was hyped.
Now it jumps to .20 and baselines at that .03-.05 and there's an issue?
You must not be seeing the forest for the trees as they say. 30,000 ft view.
It's not about whether it goes from .03 to $1 and sticks.
It's whether or not the stock price is appreciating north overall in line with the company's earning reports.
And the answer is that the stock is appreciating.
Tell me... how many times did this stock drop back to subs, .01 or .02 in the last 4 years?
I see a small blip on the chart where it touched .02s for about a day or week. In 4 years....
So when you say it always goes back down, that's a blatant lie.
It's establishing new bases every year. When it goes to .20 and then goes back down to .05 for example, is that what you mean? Because that's a moronic comparison. .20 isn't a baseline it's an overshoot.
.05 would be what the baseline is...
It's like others have said before..
This time of the year historically is when we see a bottom form and then we swing upwards into the new year. This is a cyclical thing but also we've bottomed based on valuation. That's my thinking. If you draw a line across all the bottoms we've had we're still positive slope. Just need some catalysts now into end of year and health insurance elections time.
Thesis is still holding true. 3s are a solid bottom.
At this point it could be anything from significant or nothing at all. That's why I'm not getting my expectations too high. At the end of the day I would imagine they'd want to announce something fairly positive with the amount of time people have been waiting. Usually they announce things when the stock has bottomed in the short to mid term. Which is right now in my opinion. So I would expect something by year end.
Yeah nothing really to say. Not like the old days when we were so concerned who was posting on this board and trying to weed out facts vs. non-facts. Funny how much we cared back then. Now I could care less. If the company wants their stock to go up they know what to do lol
Oh really? I guess when it went from .03 to .2 last January that was just people being crazy too right? Lol yeah that is funny you're right
Soon enough those low 3s we begged people to buy are gonna be a distant memory.
You're right give us something realistic. I think this new crew they have managing things underestimates how educated and how long people have been invested. Because the 1 billion number sounded like they were trying to catch a reddit wave. Give us an uplist or a deal first before ya throw those numbers out. That's how I really feel...
Just a figure of speech for me. Out of habit. Don't read into it too much
I mean most of us are all educated grown adults I'm assuming?
If so how does anyone not understand a CEO or company touting a future plan?
I mean if they said their future plan was "Silence, no increased revenues ahahahahahahah suckers!!!" would that be better?
When you guys criticize what they say make sure to come up with what YOU THINK they should be doing.
For me, yes 1 billion is laughable, but it's better than saying "1 million"
Now we go up...at least to .05
Not much of a chart person but we did just hit the 50 so I think we've found a bottom. Guess those calling for 1s and 2s were wrong again.
.05 on the way after .0435
Going to .05 in the short term IMO
Stock overshoots to .20: "OMG THIS IS IT!!!!"
Stock overshoots to .02: "THIS IS IT...I'M DONE!!! NEVER AGAIN!!!"
Yeah it's that's ridiculous
I don't ever remember this board putting so much hype around a business goal that they let it cloud their vision against the actual company fundamentals. That's what's changed around here. More softies
Imagine a business, reasoning new information, and not going forward with a previously proposed M&A or other business goal.
Wow they changed their mind. What will anyone ever do.
So the stock price deserves to be hit by .04 because the S-1 didn't follow through? They still have the same revenue and balance sheet. Geez that's harsh. Good luck on those 1s
Yeah there's really nothing left to say. I sound like a broken record and echo chamber.
They have the ball.
I don't think the S-1 even matters. We were priced at a premium to where we are now without the S-1.
So why that even matters to some here is beyond me.
Anyways yeah gotta find some new stuff to focus on
Apples and oranges comparison.
The last time we were this oversold we dipped under .06 and then bounced back to .08 within a couple of weeks. (30%+ gain). This was middle of May 2021.
Before that you have to go back to 2019 and then before 2017 to find even something similar to being this oversold.
This doesn't happen too often.
.10s were never this oversold. So no, if you bought in the 10s then it's not the same as buying now in the .03s.
Back to around .05 is my guess in the short term.
Also valuation matters. You don't think market cap matters to insiders who own millions of shares? LOL now that's funny.
I'll leave you with this. Most people invested in this don't care what happens in the short term. It's an OTC stock. Very volatile especially on low volume.
It's easy to get this beaten down. So what?