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Means absolutely nothing.
LOL, end of the month a new dangling carrot will be produced. Or everything will hinge on June!
Yes, and i bet a lot of buys happened based on that exuberance. There's more than one way manipulation happens around here.
Looks like more selling, I thought everybody here said the note holder was done!
This is the exact reason why RXMD is not taking off "to da moon".
Exactly how has it been confirmed?
Geez at this rate it'll be back at pre end of February OTC craze level, back to proper valuation. We need this quiet period to be done so we can see where all the dangling carrots will take us.
LOL, those evil market makers and shareholders are at it again. Nah...couldnt be noteholders;).
Because it's not evil market makers, it's not evil shareholders, It's not manipulation. It's called note holders and theres a large amount left.
A one month chart screams bagholders!
Never asked for your advice. Just tired of mean people.
I didnt mean it to be, im not as knowledgeable about the stock market as many on this board.
Why would GME BB and AMC all Wallstreetbets stocks tank just after 12pm? Are the hedgies doing a concerted short?
RXMD share price rose due to market momentum not because of company fundamentals!
Good post!
Not spikes. It would be a steady climb.
Didn't hit .26 based on company performance.
Until the uplist is here, all spikes are because of OTC momentum. I think it is due to all new people brought to the stock market by the recent Wall Street Bets fiasco, the natural thing for new investors to do is look for cheaper stocks to get a bigger bang so they go for the pennies/OTC. Now that the hype is over everything is going back to normal. Luckily for RXMD they have more going for them than the majority of runners so they may not fall back to pre February levels.
The letter basically says what we already know. The only thing that will move this is the uplist.
Wow, you should stick to funds!
LOL, maybe look at otcmarkets website, updated on the 24th.
Around 25,000,000 new shares? Must be a misprint cause many on this board have pounded their fist on the table screaming no dilution!
A few more days of this "healthy churning" and it'll be back to pre crazy market run levels.
I believe that is why Armen is a consultant yet runs the company. Can someone banned from FINRA be CEO of a public company?
Nobody knows why this is taking off, the news everybody is looking for hasn't come yet. The OTC markets are on fire lately and RXMD is riding that fire.
Do yourself a favor and put the DD board into your favorites, you have a lot to learn.
The whole market is nuts, the reddit 4 just took off again, this is not retail. RXMD is riding this strange wave, just wish I new where the top was.
Looks like reddit is down now, coincidence?
Could you show your formula for that valuation? TIA
I never said they did.
Do a valuation of this company and see why this company is valued between .03 and .10 depending on the multiple. Half a dollar would be around a 10 multiple and this company is not worth a 10. Throw in our leaders shady past with a reverse split and half a billion shares and no new substantial news. Combine all that with what's going on with the otc/pinks and its pretty clear what's happening lately.
Exactly, everyone thinks the run to .26 was based on valuation, it had nothing to do with valuation of RXMD!
You mention Warren Buffett and RXMD but don't give a link? The search goes to a parody name. I'd like to see this write up.
Would you pay half a billion dollars for RXMD?
Something happened today at 130 there's a lot of tickers that had unexpected volume increases. Some strange things going on around Wall Street lately.
Still waiting for the only news that will move this past $.10. Today's news is just fluff!
New set of bagholders from .09 will want out before the Reverse Split.
Everything has doubled in the last month
I didn't expect my 8 cent valuation to have this much effect. ;)
Really...that's the news you were waiting for? Have you been following this board for the last few months?