Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Not once did she mention anything about 100 percocets. Again please actually read the transcript. Sorry for your loss.
It isn't Longs here, you have to remember Longs have seen .055 with this stock and still held strong. The spread is the problem right at the moment.
I was listening via website and submitted questions there, but not mentioned in cc, so I guess they only answer live caller questions. Great cc though. Just seems like a wonderful lady, glad she is our CEO.
Great job and much thanks. We RXMD investors support one another.
Who and what is Boustead Securities. First I have heard of them.
That's absolutely correct. That's why no one thought twice about correcting it with a like paint job. Was my thought process anyway.
Nobody has mentioned 3rd quarter audited financials except for you that I have seen. Seemed pretty clear in last PR that it would be FYE 2016. 4th quarter.
I'm going to revise profit projection to 200k 3rd qtr and 400k YTD
Predictions:
Confirmation of 4th quarter audited financials.
Announcement of an out of state license
Robot fully functional and new long term facilities due to increased capacity for scripts.
Profit over 300k for 3rd quarter, 500k for YTD
October numbers. Good as always
Lastly, merger or acquisition.
Last PR did mention it. I assume with the OTCBB.
I like them mixing things up a bit. Keeps us guessing, and builds more anticipation. I wouldn't put us out of the woods for news tomorrow though, unless they are just going to have a jam packed conference call, because there are several things that they have yet to announce that they haven't shared in PRS yet. What you have to remember as well is that they popped the lid on the Pringles last week when they announced that they were going to audit FY 2016. Best news to date.
I've been holding for 18 months and I anticipate holding for another 2 years. Minor moves mean nothing to me, waiting for the huge move.
And we aren't just undertaking these out of state licenses for investor window dressing, as there are fees associated with these licenses and maintenance reporting that has to be done with these states to avoid fines.
Glad we are on this subject, because we will be announcing another state license Soon.
Here's the thing. RXMD deals with long term care facilities and they don't run to pharmacies every day. They have meds delivered. RXMD offers those meds and the additional management services which physicians and insurances prefer. So establishing licenses in states allows them to access any long term facility in any state, eventually. So plainly put there is the benefit.
I live in the Midwest and get a prescription mail ordered from TX every 90 days, delivery free of charge.
You know for sure they are pursuing that acquisition. Otherwise why would they ever sign such an agreement with Monarch Bay. It's that last unmet goal and they want it, even after 2nd guessing that first deal in June.
Just a reminder of where we are at and what we have accomplished thus far in 2016
https://www.insiderfinancial.com/a-closer-look-at-progressive-care-inc-otcmkts-rxmd/116925/
I would bet we have some new state license approvals out there too that they will be announcing.
You really need to go and read the agreement again to gain a better understanding of the terms.
Audited financials!!! What you have to really think about is the company wouldn't even bother with this if they didn't think they were going to grow substantially. It's absolutely the best news to date for this company. My opinion.
Lol. Whatever you say. About as credible as me saying goes it will hit .50 next week.
The only we's I see with concern are those trying to pick up more cheap shares before we run next week.
The new plan is meant to bolster businesses not constrain them. RXMD is a business just like the rest.
How does less people getting free drugs, which is just a statement anyway, result in flat or lower revenues. Do you hear what you just said. Let's just say by "free" which just means the govt/taxpayers pick up the bill. RXMD gets reimbursed by govt. Which means, that it was horrible reimbursement to begin with for RXMD. 10-20% of actual charge. Actual insurances reimburse at much higher rates aka 50-65% of actual charge. RXMD isn't making money on those so-called freebies now. More potential for increased revenues the other way around. My opinion.
July numbers were put out 3 days after conference call, so if they stick to that routine we won't see Oct numbers until mid or late next week.
I'll echo that. Let's go RXMD
I would like to affirm that is what I got out of the article as well, but to emphasize that the article stressed that it was heavily oversold and geared for a possible strong rally based on the ranges of the technical indicators.
Watch those asks move out of the way after the next conference call. Some kicking and screaming will be done by the sellers here.
Maybe people think we are just pumping this stock, but this just isn't one of those types of stocks. This is not a pump and dump. The PRs/news and Financials are should evidence that. This is a real company achieving year after year goals.
Someone clean up those 200k shares.
Whoever is dumping obviously isn't in the know of what is about to happen here with this company. Can't fix stupid!
Sounds like someone is going to try to load back up again for the run. Longs don't let him back in.
Well I added more today
You can pencil me in for 7.65 million. Lol
Nasdaq uplisting. Just caused me to drool on myself. Lol
7.5 million shares and listed on NASDAQ, we all know what that means.
Isn't every day in penny land a day you can buy cheap. Whole point of the risk reward here. You scan the market for businesses that can actually make something of themselves and then you put your money behind that DD. Here we have a small company that is already churning out over 18 million in NET revenues and increasing net profits, while advancing itself in the pharmacy market every day, week, month, and year and planning for it accordingly. Automated pharmacy system to handle increase script sales and expansion across the nation. Anywhere down here are cheap shares. I just keep adding and adding.
Conference call tomorrow after close. Big potential for producing a high return turnaround here. Steady hold last two trading days.
Big volume day (more than 2.5 times avg daily volume) with an end of day push. November 3rd conference call with business update.
Wow some investor just grabbed over 20,000 shares. Conference call on Nov 3 should explain whats around the corner here, and we can determine how undervalued this stock really is.