Ra Medical Systems Inc (RMED)

[georgie18]

RMED...added 2000 shares @ $3.08 in the P/M...:partying_face:

[georgie18]

RMED...$3.34...Filled a starter this A.M. ...will bid the open gap for a Hedge...:partying_face:

[georgie18]

RMED...$3.00...Looking to Break/Hold the $9/$10 Resistance level on the Descending Triangle Breakout setting up here...imo...we shall see...

Chart... https://schrts.co/EqCDaTRs ...

[BooDog]

Seeing a lot of bio's getting nailed on earnings this quarter. And many really weren't that bad.

RMED selling part of its platform just for a cheap quick buck, well, not what I'd recommend. Not for just 3.7mm anyway.

[cjstocksup]

Just a perfect day since the open. Congrats everyone.

[davidsson10]

The saddle sores were worth it.....

$$ RMED

[Pedro2004]

I have been watching this all day.

[BooDog]

I made another round trip. Waiting to see what happens next.

[Pedro2004]

Ahhh...now I know why there's no one here on this run. The company has a bad history.

[Pedro2004]

There's a nice little run -- but no one's here today.

[davidsson10]

Buckin' bronco has escaped the corral again.....!

[BooDog]

aragon. ARE obviously a lot of sidelines that rode this to where it is today and where it was at the lows that are silent non posters. I'm one of those discount hunters, maybe a bit more high risk types, but it's taken a few years to "see the light" in this sector. That's why I stick with it. It works.
BTW, already up over .30 ah lol.

[davidsson10]

A share float under 3M, and a short float of 40% - those are the two critical factors that attracted and induced the well-funded speculators to juice the ride up. What I (and you and others) do is shadow the big moves. RMED is like a "mini-meme" stock, you might say.

I'm paid to understand this stuff; it's called job security.....

[BooDog]

I am going to start rebuilding again, slowly. Sometimes these bios or others spike like this and then just outright die.
Something could be in the works. We'll see. Maybe the judge favored in RMED's direction on the frivolous lawsuit.

[BooDog]

It was an awesome ride! All out upper 6's. Had a bid to get back in around 4.60 but it didn't fill.

Rinse and repeat brother! Didn't expect the 7's but I was mobile so I couldn't babysit.

Cheers!

[davidsson10]

Today's "Wallet Fattener".....

[BooDog]

Wowzers, just saying.

[BooDog]

This is becoming quite the rinse and repeat play.

[ClayTrader]

* * $RMED Video Chart 05-12-2021 * *

Link to Video - click here to watch the technical chart video

[Roadtojourney]

Where are all these shares coming from??

[Roadtojourney]

And came the selloff imo

[trickledownfacists]

Halted

[trendzone]

If the corrupt naked shorts think yesterday's run up was just it, as the criminals shorted it back down, they just added more fuel to the fire, the next ignition will really blow their butts through the roof.

[BooDog]

Out 4.06. Couldn't help it. This puppy still may pinch but locked in what I could.

Bring on $12 now lol.

[BooDog]

Added 3.67.

[BooDog]

See if this puppy has any gusto. Took some 3.80's yesterday.

Pinch!

[BooDog]

And now 3.87. Getting beaten big time. Of course the class actions have no merit, they got a bone today though. I'll be watching.

[BooDog]

Is this the same RMED now at $4.72?

Such a small float after the split. No way it stays down here long imo.

[Taurus69]

$rmed $8.82 ? 0.0 (0.00%)
Volume: 0

[Taurus69]

$rmed $8.82 ? 0.0 (0.00%)
Volume: 0 @-

[GotDrys]

No one talking about this?

[Taurus69]

$rmed $8.82 ? 0.0 (0.00%)
Volume: 0 @-

[Taurus69]

$rmed $8.82 ? 0.0 (0.00%)
Volume: 0 @-

[trickledownfacists]

Trimmed here and added CFRX and CVM.

[trickledownfacists]

$RMED 32k buy or $250K....just now

[Taurus69]

$rmed $8.82 ? 0.0 (0.00%)
Volume: 0 @-

[trickledownfacists]

DD : $RMED DD :

Current mkt cap: $25mm
Cash on hand: $34mm
Float: 2.4mm
20% insider owned
15% tute owned

Trading in the $8.00s as of today.
Cash value about $13.90 (using yahoo). Just about the same level as the 200ma.
Designs, develops, & commercializes excimer lasers as tools for the treatment of vascular and dermatological diseases.
Two FDA approved technologies:
?? DABRA
?? PHAROS
Total addressable market (TAM) believed to be $550M+.
TAM = revenue opportunity.
Holds 8 patents (US & international) covering several aspects of their laser systems.
Appointed new CEO earlier this year, Will McGuire.
?? Formerly the CEO of $EYES
?? Formerly the COO of Spectranetics, which was acquired by Philips $PHG for $2.2B / $38.50 per share (27% premium to last trading price).
Raised $12mm in August via offering @ .35/share. Adjusted for November 1/25 RS = $8.75 offering price

[trickledownfacists]

Cup forms at $10. True reversal.

This was over $15 in June. They are better off NOW than June as a company and balance sheet wise.
NOT EVEN TRADING AT CASH ON HAND VALUE! Book value is $28. 2.9M share float!

[trickledownfacists]

$RMED - 2.9 M float. trades UNDER cash on hand value.
$14 Cash value, $28 Book. Great technology and a trial running. Funds loaded.

[trickledownfacists]

$28 PT

[trickledownfacists]

Could be a huge week

[Taurus69]

$rmed $8.61 ^ 1.27 (17.30%)
Volume: 981,763 @12/18/20 7:59:52 PM EST

[trickledownfacists]

Take off!

[trickledownfacists]

Boom

[trickledownfacists]

My favorite : $ RMED NEWS listing on NYSE American.

NO COMPLIANCE ISSUES ANYMORE!
2.9M float, $34M cash and $20m market cap! INSIDERS JUST LOADED

[trickledownfacists]

Needs to break and hold over $7

[trickledownfacists]

$RMED BREAK OUT.
2.9M float!!! $19M market cap,
$34M cash, no debt!

[trickledownfacists]

Ka Boom

[trickledownfacists]

Breaking $7

[trickledownfacists]

3 day conference this week.

insiders have been loading.
$34M cash, $19M market cap, no debt.

Set sells high!
Trades at $7
Cash in hand value : $13.50
Book value : $28