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Then you really need to go back to trader school. When a real investor places a real bid, and the MM, jumps that bid up, they are doing it for one reason only. Now go look at the short list, etc.... and its pretty clear. May nor be 10K shares, but they do this for 100 shares, because its all computerized and automatic. A few keystrokes in the AM, and the computer knows the parameters to trade within. And they have sophisticated programs with built in protection mechanisms.
But if you want to stay negative, that again is your choice.
Not sure what you guys are expecting anymore. The company is evidently managing several different aspects all at once, with no money. It all comes down to that it hasn't happened fast enough, and everyone feels like that. There are hundreds of "other" OTC companies you can invest in and flip.
Thats called covering a short. Not a failed R/S. If the company gets funding, the R/S would have been the best thing the company EVER did, regarding its stock, IMHO. If they are jumping real bids, thats the ONLY thing it can be.
Another monday morning quarterback who knows absolutely nothing on what the company is doing. Keep it up. Way to create shareholder confidence.
Well that tells me the panic that some people caused last week on NO NEWS, diminished whatever demand was there to begin with. Or don't you see that.
So blame the company....why? No news? That was already explained to everyone WHY there has been NO NEWS. If you choose to read into no news negatively, then of course thats your prerogative. Everyone needs to trade in accord with their own standards. But the gang mentality of "oh crap, its BAD" because of no news, seems to put this company among the cesspool OTC companies. A little DD, and reading between the lines in the CEO updates, releases and filings, tells a much bigger picture, and all of this bellyaching will be for naught.
Why would you buy at $1.91 if you can sell only at $1.11? Thats today. Remember that. What will you say if you can't buy under $3.00? So again, it depends how you think. If you are conditioned to trade like a day trader, I completely understand. I thought you were an actual long, thats all.
Because you are a day trader shorter, you just told everyone that by that ridiculously irresponsible statement.
Long here (5 years now, LOL). The "I want results now" mentality is what has driven this down, but hopefully that will change as well. I expect news soon, especially after the K is filed, and then we will be able to pull the covers back and see what has been going on behind the scenes over the last 2 months.
Obviously all the panic created last week created doubt, so no bids. 85% of all bids cleared through NITE. Its a shame.
The market will eventually catch up with this company. No one knows that RXSF exists but I think thats all about to change. I bought in at .25 and $1.00, both pre split so I feel the pain, but I like where the CEO is going. I don't think it matters too much if this goes down right now because with the size of the float, a little publicity will hopefully make up for any decreases we have suffered over the months.
After all of your DD, he must do really badly as a day trader with forecasts like that, LOL.
Is this guy the guy who was pushing the entire email and tweet hoax about a serial collapse of the stock several months ago? I remember it went to $7.00 when he started, LOL. I see you didn't fair well in ENERGY either, LOL
What a pathetic attempt at scare tactics. Go back to Bernie's camp and hold your sign high.
Very interesting TWEET from RXSF today. Looks like a company that made a needleless injector with no FDA approvals or sales in the US, was just bought for $5.5M by Inovio Pharmaceuticals. Wonder what the bankers will value the MyDOSE product which is the only secure needleless injection system in the world.
http://finance.yahoo.com/news/inovio-pharmaceuticals-acquires-needle-free-120000950.html;_ylt=A0LEVw.X_O5WeOoAGTdXNyoA;_ylu=X3oDMTEybGFuODRkBGNvbG8DYmYxBHBvcwMzBHZ0aWQDQjE1NjNfMQRzZWMDc3I-
Now THATS how you put 2 and 2 together. Thank you CH.
007 - this is where most of the speculation and jockeying for position occurs.
Hopefully the door doesn't hit you on the way out. In fact, everyone who thinks the same as Colmar, please, beat him to the door AFAUC. We will need to make room for real investors here, and there isn;t much stock to go around to do that, so the more you sell, the better for the newbies.
The damage from the fraud is already done and over and more than 2 months ago, and was partially mitigated by the company. So the only thing now is for the company to prove the fraud and collect, and I am sure the CEO has a plan for whatever money the company is able to recover........
Sour grapes regarding Preferred B's YD. You should have found and got in earlier. And again, you aren't in ANY position to comment on what happened with Kodiak UNTIL YOU get a copy of the complaint and learn what actually happened. Every company makes mistakes, whether obvious or not, even on good deals. All you do is play monday morning quarterback, criticizing everything this company does, even without an interest in it. All these months with all of your negative innuendo that started out simply because you had a personal dispute with another poster at another board and you followed him here. So you grab on to certain facts while ignoring others, you refuse to follow up and look further than just the surface (and I mean by calling the CEO, or getting a copy of the complaint) all of which would have provided you with all the business reasons (not privy to shareholders) for their actions. Thats NOT "PROPER DD". By failing to do so allows you to continue your course of discussion. IMHO, in a few weeks, you will look somewhat foolish for all those posts. I hope you don't, because you seem intelligent.
The dust is coming , and you will be left in it, along with all of your posts. Enjoy the lonely dirt road.
Patience is one thing, schizophrenic behavior is another.
Again, you like DD, get a copy of the complaint and see what actually happened. Continuing to blame the CEO in dealing with Kodiak without knowing ANY ACTUAL facts upon which to cast negativity towards the CEO for doing the deal is irresponsible at least. You don't know what was done out of the control of the company but you do know the company is suing Kodiak for $5m. That's actually the only thing you actually can know without proper DD. Your criticisms of her for just doing the deal, without knowing anything else, is misplaced.
The only thing I can take away from the disclosures is that Kodiak and the other defendants defrauded the company, not that the company did anything wrong. This is where your dirt road really ends.
Happens when one comes late to a party.
Back to the tunnel for you. Maybe a single dirt road at this point.
A good bottle of wine is an investment to enjoy in the future. You opened that other bottle way too early. Good thing you have another one. Will taste that much better during a celebration.
My bottle says 2011, and I bought my bottle only after fully researching the winemaker and its prior awards. I also looked at the market for this type of wine, which is rare, and decided that I will open it on a celebratory event...........because thats what we do where I come from. Its not a bottle of Boone's Farms. My bottle is an investment, and the bigger the event, the better the taste.
I don't think the company is "winging it". I believe the CEO has a plan and she is following that plan and that's probably why there hasn't been news. She probably can't release news yet. Once you uncork the wine, you need to let it breathe before you take your first taste. So you bought the bottle. Are you going to open it and guzzle it?
The tunnel was expanded to a 4 lane highway Dave. I thought you noticed.
HH, you and Cheeky have done a great job with all the DD. It would be foolish to not worry about the PPS. But how does the "company" show support if there is a banking deal being negotiated or in place. The LAW prevents that. I don't know how many more times I can say it, but do your own DD into compliance aspects of FINRA and the SEC when it comes to IB and BD charters, and what they are, and aren't allowed to do. Company has no control over what the market does - unless it goes out and pays a PUMP firm - which clearly, it won't. Other than that, it has to be organic, and no one knows when it will gan traction. But there is no REAL INDICATOR other than wild speculation thats driving sentiment.
I was not referring to the study the company put out. I am talking about the volumes of research on the medical device industry as it pertains to the companies products. But you knew that Dave. C'mon.
There seems to be a huge disconnect with the trading brain. Sophisticated bankers will not care about the PPS if they feel the company has potential to grow, and that they can make money through funding a company. However, the PPS will certainly effect the deal structure, and whether they use market price as a base, or use some other metric, I guess we will have to wait to see. Then there is this companies desire to uplift, which brings in a whole slew of other market factors to consider. Again, I don't see where anything has changed, except that it isn't happening fast enough for some. This is where the real longs shine, or get out. If anyone isn't happy, they should consider their positions. If you believe in the DD, market research reports, investment in healthcare technology, another indicators (outside of the OTC), then you have yet another option to consider. But in any case the incessant bashing, innuendo, speculation, lets leave that to the GOP this election year. There is a lot of hard earned money in shares. Why would anyone holding any sort of a position want to say anything that could jeopardize that value, unless there is another motive.
There is a huge difference between frustration and active participation.
Cheeky - volume crappy - YES. No news crappy - YES PPS going down crappy - YES. All crappy, I agree. But let me again try to help "inform" those drawing such negative conclusions based on no news. Did you read compliance restrictions on traders and bankers when public company's present to them? Can the lack of trading be also interpreted that the company is not going to run any OTC pumps just to appease some traders so they can see some "action?" I would be more worried about the company achieving its goals, rather than smashing them for not having done so already - and besides, do you really know that they aren't progressing? This is the typical day trade mentality. I believe this company has so many great longs, smart, researched and vocal, but I haven't seen ANYTHING at any level, to draw ANY negative inference. Yet.
Cheeky's DD was spot on. He used disclosures from the company and independent market research. He did a great job introducing the company to the boards. This is why I and others cannot understand the 180. There has been NO NEGATIVE NEWS, has there? Did I miss it? I am sure if there was anything negative - just like the Kodiak debacle in January - we would have heard immediately. So what is it - taking too long for you? I am sure over the next 3 week, everything will come into sharper focus.
Called it? I would use another word.
Couldn't agree with you more.
My money is on the big offering at or premium to market.
I think when the company releases information on who their new banker is it should help investor confidence. I am sure there will be those who will look at it negatively, but do your own DD.
Actually a lot of changes, but go read the disclosures. Its all in there.
I think its quite obvious, through the lack of trading and the prior disclosures that the company is getting as far away from the OTC "play" (P&D's) as it can.Thats NOT going to attract real capital.
Obviously Janice' post was designed to cast further doubt and create further questions. Almost every single SEC OTC attorney has had some problem with their clients conduct. Attorneys do not control what their clients do. If and when the company announces its banker, rest assured, they did ALL of its due diligence, at every level, before taking RXSF on as a client.
Looks like the paranoia is starting to set in. Just where did anyone get "2 days" left to find out? An education in regulatory disclosures may help. Form 10K must be filed by March 31 unless you apply for whats called an NT Extension, meaning, the company would still be in SEC compliance provided it asks for the extension before the 31st, and then would have until 4/10 to file. I believe they will file on time without the extension. Next, It depends on the "bankers" and the structure of any deal, to determine what will happen. But all banker cares about making money. The OTC way - do a deal at a 35% discount to market and file an S1 and kill the stock. or, do a similar convertible, wait 6 months, then slam the stock. Funny thing here is that the float has been slowly growing since the Kodiak fraud yet the stock price is slowly rising, and even some days, you are seeing bids and asks tighten up - can anyone tell why that is? And lets try to not use the typical "they are trying to screw us" explanation. The real way to raise money is to use a series of metrics to value the enterprise, and then do a deal at market, or a premium to that valuation. A discounted deal now won't help anyone, least the company. The underlying feeling I get is there is a move to move up quickly, get away from the crap, and grow shareholder value and the company. I feel the company is sick and tired of the typical OTC deals, and may now have something else thats more in line with its overall goals, but we just have to wait to find out. The banker will be key. They already engaged a top tier Healthcare IR firm with huge healthcare NASDAQ and NYSE clientele. I am assuming its banker is at, or above that level alone. The banker will "telegraph" the type of deal we can expect for RXSF, so I just have to wait, like everyone else.
You will need to wait to see what any deal looks like before you start crapping all over it. First you need to know and research its banker, which hasn't been disclosed yet. The CEO wants to uplift for many reasons other than just the stock. She has said this for a few months now, so whats the problem? Trying to figure out if the float will grow here at $2.00? I don't see how that helps the company meet MINIMUM listing BID of $4.00 for a min. continuous 30 days. I would guess, and its ONLY MY GUESS, that they would feel more comfortable a levels way above that. But thats all implied in the disclosures. Hopefully when the company releases disclosures, the picture and course will be more apparent, and then good decisions can be made.