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Correction, I think you forgot a letter - OMFG!! lol.
Looks like another restless night. They're killing me. I can't fall asleep and when I finally do I'm out so cold that I can't wake up when the market opens despite my intentions. Can I vote for a later open for those of us on the west coast?
KFG is on, GO RFMK!!
That's frickin' awesome news!! Thanks Glorified, can't wait for the next PR!!
GO RFMK!!
We're at a standoff. Everyone wants in at a good price, but nobody wants to sell. I think the medium volume is because of the standoff. Eventually traders will have to hit the ask. Something's gotta give, and ultimately when it does, this thing is going up up and away baby!
GO RFMK!!
Hey Glorified, any more word from your brother? Did he meet with Mike yet or is that later this week? Thanks for any updates as they come.
Got the nunchuck double KFG on my RFMK!!
Here's what's happening in my opinion. You can see the pattern:
Step 1 - pop and chase in the morning
More and more people are coming into RFMK each day. Newbies are a little overzelous at the beginning of the day, resulting in a pop and people chasing to get in.
Step 2 - accumulation
Then the MM's lower the ask down as a scare tactic. Some of the newbies get scared and sell. Those sells go into the hands of the MM's and longs.
Step 3 - repeat of step 1 and 2 a few times until near end of day
Step 4 - momentum carries into the close of the day resulting in an overall percentage gain for the day.
Step 5 - restless nights of sleep waiting with excitement for the next day to see it happen all over again.
This babies going up. Look at the charts. If you don't read charts, try to understand in lehman's terms step 1-5 above.
Hold your shares, buy the dips, and you'll be good to go! All my opinion.
GO RFMK!!
Well if you know the game, more power to ya!! :)
GO RFMK!!
Good morning west coast traders, good afternoon east coast. Hello middle America. Gonna be an exciting 2nd half. I slept in and missed the action this morning, but all caught up from the board posts. I can't believe I was able to pick up another decent amount if shares under the James Bond level. This is gonna fly at some point this week! Get in cheap while you still can, there's tons more room for gains!
GO RFMK!!
Another restless night coming, too excited for tomorrow. See y'all at opening. It's gonna be awesome!
GO RFMK!!
RFMK has the most potential for gains right now of all the MMJ plays in my opinion.
I think they will do very well. Here are just two reasons why among many others that I'm sure others will chime in with:
They are the only publicly traded company with a THC e-cig.
There is a dispensary in LA that has reported definite interest in selling the new Cannacig. They have 11 dispensaries with an average of 500 + visitors a day.
The other MMJ plays really haven't done anything and haven't reported anything new so the momentum isn't there. There is one exception maybe: Charlie-Bob-Indigo-Sam. (got it?)
This is just the start, I think RFMk will do very well. The time to get in is now while it is still sub penny level.
Just my two cents worth. Good luck in your decision.
GO RFMK!
I certianly think volume will be high this week. There are a lot of new eyes checking RFMK out some of which have posted here saying they are going to try to buy in tomorrow.
With expected news coming this week reporting the trademark and hopefully news about conracts and distribution deals from CA dispensaries, this will have good momentum.
Look at the previous 3-4 days of trading with % gain, volume, accumulation without drop in price, and if tomorrow has good volume with a good percentage gain of 20% or more, the next day will be even better and so on in my opinion.
GO RFMK!
There are about 30 new followers of the board since last week. RFMK is in da house!!
This is going to be one hell of a week, I'm tempted to buy even more tomorrow.
I haven't even tried the Cannacig yet, but is this high I'm feeling now what it'll be like?
GO KFG!
GO RFMK!
GO CANNACIG!
Hey wait, what happened to the KFG? Are you saying we can loosen the grip a little?
Just kidding, always healthy to take some profits and buy that sweater as Jim Cramer would say. Boo-yahhhhhh!
If you can take your initial investment out and still have plenty left, it's a free ride baby! Just don't sell it all. Long and strong here!
GO RFMK!
The definition of a limit order should answer your questions.
Basically a limit order will only fill if the price is equal to or less than your buy price.
In your example of .007. If you set your limit order for .007, it could fill at anything .007 or less, but not anything higher.
Hope this helps.
GO RFMK!
I would recommend placing a few limit buy orders. Do not do AON (all or none)
.0061
.0063
.0065
.0067
Be up for market open to monitor. Be careful with the amount of shares for each limit order, they may all fill quickly. Keep in mind we opened at .007 on Friday before it gapped down and climbed back up slowly the rest of the day.
GO RFMK!! KFG'ing my RFMK!!
Nice, RFMK shares on backorder...can you imagine? LOL. If all the longs put the Matty Kung Fu grip on, perhaps they will be on backorder. Hahahaha.
GO RFMK!
This last week has been beautiful! I'm already waiting in line for next weeks ride!
I'm actually looking forward to the weekend to catch up on some work. I've been useless this whole week as I've been enamored with the board and watching all the action. It's way more exciting than my job (at least this week has been).
My ST account is close to showing numbers that cover my losses from SFI*. Notice, I didn't say I've recovered my losses...I haven't sold and I don't plan to sell any for a while.
Long and strong sitting on about 3.6M shares and loving it. Happy weekend to everyone and thanks for all the great board due diligence, talk, advice, and yes therapy :)
GO RFMK!!
Just like in Vegas, black would be like double 00's on the roulette. He made his bet on red, anything but, he loses the bet.
GO RFMK!
I love the "letter to shareholders" update on the website. It is clear, concise, to the point, and confident in its delivery.
I'm excited to be in this stock. These are just the early stages of a successful company in the making!
GO RFMK!!
Judah, it's great to have your input. Thank you for sharing the information and a bigger thank you in advance for keeping everyone on the board updated in the future!
To everyone else: we've got someone down on the front line reporting. And from the looks of it, Judah's going to do everything he can to help make RFMK even more successful!
GO RFMK!!
I can't wait! I still am going to try to visit your brother's place when I know he has the Cannacig, but I may need to wait until the slimmer model comes out. Looking forward to your update from your brother!!
GO RFMK!!
Some Factual Overview of RFMK
Fact: Reported first crop. Based on the figures they reported, approx. revs are $600K annually, and that's just from the two contracts they have.
Fact: 2011 Financials available for viewing. They weren't good. This year they've already reported revenues that exceed all of last years. The revenues they've already reported are from the crop numbers. No revenues have been reported from the Cannacig yet.
Fact: The first THC e-cig from RFMK has been produced. They've reported it with pictures. A newere slimmer version is on its way within the next month or two.
Fact: The first THC e-cig from RFMK has been named: Cannacig
Fact: The Cannacig name has been trademarked.
Opinion:
There are reports that have been confirmed (albeit from people here on Ihub, but no reason to doubt based on the evidence provided) one of the largest dispensaries in Los Angeles will carry and distribute the Cannacig. That's great. Why would one of the largest dispensaries in LA carry this if they didn't think it would sell? Well it will, that's why they're going to sell it.
I believe the Cannacig will bring in strong revenues and there will be a lot of interest from the medical community, as well as the recreational user. There are future generations who will use this, and it will be their point of reference vs. lighting up an old fashioned joint. This IS the future.
I think there will be days where the stock price drops, consolidation occurs, then continues upward. There will be larger upswings than downswings resulting in a slow and gradual climb upwards.
This is the time to be in or out. If you're in, more power to ya in my opinion. If you're out, good luck to ya in your next play.
I'm in! GO RFMK!
I agree there are some who are set in their habits who won't make the Cannacig their preference. Any people who are current users that are open to trying something new and different are just added bonuses.
Here is how I see it:
Cannacig is setting the trend now and into the future. Right now, there are a bunch of college kids, high school teens, middle schoolers, and elementary kids who are discovering or will be discovering MMJ for the first time. This will be their point of reference for trying MMJ.
Also, there will always be a new set of people with medical needs who are not set in their habits that will be more open to trying the Cannacig vs. lighting up an old fashioned joint.
GO RFMK!!
Aside from the gap up and immediate gap down at open, it was a great day.
We started out with some foreplay, had a slow and steady climb, burst at the high moment, then drifted off to sleep a little at the end.
It's better this way for me. This is no one night pump and dump, I'll take this one home to the parents. I'm holding onto this one. Long and strong baby!!
GO RFMK!!
Question for you Lion. Understanding the details of a company to make an educated decision on investing is very important.
FACT: YOU invested in RFMK. So....what made you invest?
Just recently you provided some great research that you had done and were all for RFMK! Now you're on the flip side (once again). If you sold, what interest do you still have at this point?
GO RFMK!!
Awesome, thanks so much! I'll give it a few weeks to make sure they have time to get it delivered etc. Then I'll get back to you with regards to my visit.
GO RFMK!!
Great work Sltrader! I'd help but I bought as much as I could with all my available funds the last few days.
I'm off to work now, been reading the boards since market open. Lots of great posts and positivity continues today!
GO RFMK!!
Glorified, I'm gonna try to visit your brother's dispensary in a couple weeks since I'm in LA. Should I ask for him? Is it cool if I mention I found his place through this board and you?
Thanks!
GO RFMKU
That's so funny Matty, I'm down in Los Angeles and I do the exact same thing. One eye open checking Ihub and market on iPhone, other eye blocked buried in my pillow, lol. 6:30 AM is just way too early. I've missed some good trading opportunities cuz I'd rather sleep than wake up for opening bell.
I'll be doing the same tomorrow morning before work.
Go RFMK!!
Who was it that contacted FINRA?? or something like that? to report MM's on the bid and ask in blocks of 5,000. Whoever it was had some success. Maybe tomorrow this can be done and RFMK can run freely.
I'm not saying 100% MM's controlled this today, but it seems they were trying based on the rather large swings today. Perhaps someone who knows more about this can report MM's if they are trading in violation.
GO RFMK!!
I may try to go to the dispensary in LA in the next few weeks when I have the time. I do have back pain and go to a chiropractor regularly and heard MJ can help? BUT, I'm not a stoner. So, the Cannacig would be perfect for me and I'd like to try it.
Now logically thinking....I'm not rolling in dough (well not yet, let's see how RFMK plays out) and I would assume insurance doesn't cover medical marijuana. I guess I'm curious to know costs associated. How often will I need THC mix refills, how often would I need to use it. I assume I'd get the high?
Can anyone share? Otherwise I'm gonna be like the pink elephant in the room if I go visit. Way outta place for me...ya know. Anyone can private message me, just know I can't reply. Thanks in advance!
GO RFMK!
Can someone put this up top in the box? One of the largest dispensaries in one of the largest cities in the world (Los Angeles) will be carrying the new Cannacig from RFMK.
Seeing the pictures of the THC e-cig and checking out the dispensary in LA that will sell them, one just has to put together that not only has this legitimately come together, but it's going to be big!
I'm in LA, but I have no business going in and chatting 'em up. But who knows, next time I'm at the chiropractor I'll ask my doc if he's qualified to write me a permission note for some MJ and then I'll have a good reason for a visit.
GO RFMK!!
Green close is all that matters! Great day, fun ride, I'm already in line for tomorrow. It will be a slow but steady climb in my opinion.
Off to the gym to work off some built up aggression toward the MM's. Looking forward to reading the boards when I return.
GO RFMK!!
Hold strong! Don't fall for the MM's games. We'll close strong!
GO RFMK!!
If I had more funds, I'd buy more at this level. Holding strong as I know this will run for at least another day! Congrats on your patience and accumulation over all the months. You ARE the King!
GO RFMK!!
LOL, if I hadn't seen this before, I'd panic more. This will bounce back up before the end of the day. Come on, 60% + up on the day and now only 5% ? Hold strong and buy this ridiculous dip if you have funds.
GO RFMK!!
I hope we see some strong buying toward the end of the day as people want to be in before tomorrow.
I think we'll continue to see some gains through Friday, maybe up to the mid .008's. Then another positive report from the company and we'll go up again from there.
GO RFMK!
I'd help by slapping the ask, but all my funds now are tied up. Over the last 3 days I've built my position and exhausted my available funds.
I hope there are others out there that will help get us past the 6's.
GO RFMK!
sltrader, I got the rest filled :) Now it's time to sit back and watch this thing of beauty.
Hope we can get through the 6's today. Then on to 8's based on last look at L2.
GO RFMK!!
I took some of your advice and I have 350K left to be filled. Thanks for the good tip.
I'm just going to leave the remaining 350K as is. I'm more than happy with my position.
Good luck to you sltrader and all other RFMK'ers and Cannacig'ers
GO RFMK!!
I suppose I could try that...but I fear that MM's would play games and I'd just get filled at the higher limit price if I put an order in at .0075.
Also, if I stack the orders the trade fees get ridiculous. I'm with ST and it's $7/per + 1.25% commish for any trades under $1.
Perhaps I shouldn't be so petty for the gain I'll have on the other side...Thanks for the advice/input.
GO RFMK!!