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Just based on the past couple patterns we have seen, don't be surprised if we get a small pull-back to about 45 before we hit a big boom.
Disclaimer: I am not seeking to make any action off of this, just noticing a possible pattern developing. If anything, take it as a good sign. Let RSI drop a bit and BOOOM!
RXMD
Definitely not trying to step on toes. Just saying it is unfortunate in my own way.
It is definitely much more manual on the OTC. Low hanging fruit.
A stock like RXMD that is moving in a structured manner is a money basket for them. But like I said, that should be taken as a good sign for us.
If they are good they can make the chart look however they want...
Understand your frustration, but you have two choices:
Air it all out and move on.
or
Respect the fact that it is a free market and realize that it all works out in the end.
Everyone has the freedom to do what they want unfortunately.
Don't have to worry about me though!
RXMD
Am I missing something here?
Am I in the twilight zone?
they are artificially keeping it "in range"
I don't think anyone cares to know about the MM's. To each their own, but they would feel more comfortable with their positions and stop getting upset with every sell if they understood a little more how the markets work. It isn't very hard to understand.
I can keep trying to inform but people are set in their ways. Oh well.
Fantastic movement going on here.
RXMD
MM's are paying close attention here simply because they know this is a REAL stock. Movements are predictable when you have a real company doing REAL business. Money can be made when movements are predictable.
They definitely pay attention to other pennies as well, but even I am a little surprised at this level. Should be taken as a positive though.
MM's are in business to make money and they don't have time to lose money. They will have no problem milking a good situation.
Is it frustrating, yes. BUT if you look on the bright side, this is a good sign. There won't be heap loads of instant gratification, but gratification will come in loads if your patience prevails.
I kind of alluded to it earlier, but MM's control the game and they can make money with pretty much anything because of the nature of the game. In the OTC they can get away with a lot more because they are not being scrutinized as much, allowing them to be a little more pushy when the right situations arise.
Another thing, when you see it so blatant as we have here, with them really pounding it, that is a sign that they feel comfortable and confident in their positions/predictions. They usually just play both sides of the fence pretty equally (generally speaking), but we are seeing a different situation. They seem to have a slightly more "all-in" game plan here which I take as encouraging. It means they seem to know where it is headed and they have the movements down pretty solid.
This is all very general and I do not actually know much about these particular MMs I am seeing here, but this is what is going on.
warchest you got it
they've been continuously doing big things, check out the most frequent stickies to get you up to speed.
definitely on pace to do some great things this year and the next 2-3 weeks should be interesting here.
if you are looking at scoring some gravy for sunday brunch, this is the place to snag it. it's as easy as finding brush in a lake.
I keep looking for signs of when I may need to look for an exit and they keep showing me that the time is NOT coming ANYTIME SOON!!!
cmon RXMD!
Insta,
When you were sitting between a couple of the big dogs, did you get any sense at all that some people (possibly others around as well, not just them) were there and interested to see RXMD's presentation, or was it more of a first time hearing about them type of thing?
Only wondering because I feel like MIDAM had to have had some feet out there rounding up interest prior to the conferences.
Thanks,
There are different options but they all involve the manipulation of money somehow. I think the best thing to do is not worry about this yet, as RXMD themselves are not concerned about it. With M&A, valuations are surely to change and over the next 2-3 years PPS is surely to change. We will be looking at a very different landscape when it is time for them to decide how to pursue NASDAQ.
In the OTC here. Market maker's wild west. Just playing games man. Literally the rules of the game for us if we want to play.
I would not lose sleep over it, I know for a fact it's not the first time and it will NOT be the last time.
Posters can scream at the dumb sellers all they want, but they are wasting their posts. It is a cost of playing the OTC (big boards are the same way, just not as in your face).
I can keep preaching it, but I don't think anyone is listening. We are playing a game that is officiated by the market makers. We have no authority when they make blatant bad calls. Deal with it and keep playing.
Good thing here is that we are all here for the same reason, RXMD, and they are the CHAMPS. They will TAKE CARE OF US ALL.
RXMD
Part of the game. It's fine.
Hahahaha this is WHAT im TALKING ABOUT!
It really just depends on the M&A and how it affects the valuation man. No need to jump the gun and begin assuming things that clearly none of us can attest to.
Oh, I think I see what you are asking. I just finished reading Insta's post and will try to answer your question based on his post.
It looks like the acquired companies will be used primarily to fast-track the acquisition of state licenses. They will also be utilizing their current relationships. Hard to tell how it will affect revenues now. All I can say is that it would greatly affect revenues, by how much I am not sure. (The big key here is also getting the robot up and running.) It seems like they are having to turn away business now. Once the robot is up and running, revenues could wind up soaring with these acquisition possibilities.
It seems like they are holding off on NASDAQ for now due to costs and time efficiency. Anything is feasible here and it looks like they have a 2-3 year strategy. My gut is telling me NASDAQ will come in due time.
Hope this helps.
RXMD
Was not intended to offend. Honestly just didn't know what you were asking.
What's up with the strange replies I have been getting this morning? Here is my best attempt to answer you.
by what revenue or in what amount you can expect here ...?
when 2 companies will aquriert ....?
I there are areas medications much merit ...
which is a billion market ....
This team is like no other.
Take your time and take care.
Lot's of elbow grease going into this GRAVY pot!
RXMD
INSTA,
Eagerly awaiting your full conference follow-up.
No rush, sure it was a GREAT day!
RXMD
Don't get worked up, he's just a joker.
When everyone knows how good RXMD is and all the things they are doing, you run out of things to post about.
No worries.
RXMD
They need to have a NATIONAL BUFFET WEEK!
I'd tear it up. Wow, I would tear it up. Have this mexican buffet down the street.....all the queso you could ever want for $8.00. Dessert Chimichanga, get out of here!
Queso queso queso, queso queso QUESO!
....with a side of enchiladas and fajitas!
cMON RXMD
You can google CSTI and pretty easily figure out who it is. It's not shorting, it's positioning. It's alright.
RXMD
BOOM SHAKALAKA!
There is a chance we could see some goofy action the next couple days due to new entrants jockeying for position, but all-in-all this is a great time to be INVESTED in the ONE AND ONLY RXMD!!
Hopefully others see this as a positive.
Sounds pretty nice to me. Easy to forget how we used to have bargains in the fractions, in the 1s, in the 2s, in the 3s......steady train here!
Hey BUBBA, throw in another load of COAL buddy! It's time to leave the YARD!!!
RXMD
nice, thanks
Your opinion matters to those who wish to watch others make money.
No follow through of what? What exactly have they not followed through on.
It seems to me that the goals THEY HAVE followed through on outweigh anything that they possibly have not followed through on.....YET.
Volume here is predicated on new money. It would take something major to collapse the PPS here, so I respectfully suggest this play being a buy. Too many holding longs.
We sat above 3 for a substantial amount of time with very low volume (relatively speaking). We went from around 5MM to 500M. If this were to happen elsewhere on the OTC, the PPS would have tanked. Using all of your charting resources would show you that this is a very good sign.
A volume increase from 500M to 1.5MM took us from high 3s to high 4s where we are holding now. This move was done without much resistance at all. With respect, I suggest looking at all variables in conjunction with your charts. Much more going on here than meats (MMMMM Warm Buttered STEAK) the eye.
Good work
Did they mention whether or not they have modified their goal of being licensed in every state by EOY?
Did they give any substance to the acquisition goals? This is the first time we are hearing about targets.
Did they give a time frame on NJ, PA, GA, CT?
Hopefully the permit is issued without much more time wasted. They have been stuck here for a little while. (Permits are a B****)
Biggest question, HOW WAS THE ROOM RECEIVING THE PRESENTATION? Good ENERGY?
Looking for a couple big weeks here so we can establish a new base.
Optimistically looking to have a new base around 8 or so. Realistically and hopefully looking to have a new base in the 7s. Lucky number here!
RXMD CHOOOO CHOO
Very cool that you are getting the opportunity to attend. Will be awaiting your review and would welcome some good news we haven't heard yet.
Will the robot be up and running?
Last we heard, they were expecting to get the final OK on their expansion. Seems like that was awhile ago now. Could that be setting us up for a nice surprise?
Either way this is a pretty exciting time.
RXMD
I'd argue most people here know where the PPS should be.
If compound interest is the 8th wonder of the world, I would suggest delayed gratification as the 9th.
Beginning of a FUN month here!
RISE and SHINE!
Let's roll 7's baby.
C'MON
RXMD
Our jolt from low 3's to high 4's literally took no effort once the belt was released.
That's not some chump move. Very very telling.
The pattern from November through January looks oddly familiar on a smaller scale to the pattern we saw from January through beginning of May.
With the amount of good news and goals met we have experienced during our walk down, with the possibility of more good news at the conferences, there is reason to believe that we are at the foothills of a nice mountain hike.
Everything has gotten bigger and better and knowing how these Market Makers operate, there is no reason we don't.
Could this third set of the pattern be the biggest we have seen yet? I definitely wouldn't be surprised.
Momentum is signaling something very nice here.
Let's wait and see. I am very interested.
I think anywhere in the 48's or 49's, just under 5 is going to be a great place to showcase at these conferences.
If it happens to be more or less, no big deal. With Indy 5 weekend underway, why not end today right on 5?
Great weekend and following week shaping up.
Choo chooo
Snippet of my post from a couple weeks ago:
It's not about the pps
It's not about the financials
It's not about the audit work
It's not about the management
It's not about the state licenses
It's not about the revenues month after month
It's not about the compounding
It's not about the lack of debt
It's not about the new vehicles
It's not about Midam or whoever else they have hired
It's not about the robot
It's not about Viagra
It's not about acquisition
It's not about a conference presentation or two
IT IS ABOUT ALLLLLLL OF IT!
I'd argue that my Facts and Figures helped drive off some of the bashers we had here running rampant before I showed up.
We have ran out of facts and figures here. We are simply waiting for the presentations.
Speaking in theory.
Context is key. Notice where I mentioned that my position has been maxed out since beginning of January.
Everyone knows where I stand on RXMD.
I literally came to this website because of RXMD. Multiple times I said it will go higher and is a good buy.
I have made post after post about how I don't give a crap what the PPS is because in the long run we are going to do extremely well for ourselves.
I made a mistake in trying to make a point that didn't need to be made. Big deal.
Understandable. I was fearful of this and maybe should have kept my thoughts to myself.
However, context is key and debating context is a fools game.
Oh well, I said it.
Out of over 100 posts, I think 1 or 2 that may not have been in the best taste is satisfactory.
Everyone knows where I stand on RXMD.