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I hear yah, fellow long here too. And I have put my wife, family, friends, and neighbors onto this stock even as of last week and now this week. It sure isn't because I think they are going to be bag holders, it's because I see the tremendous upside potential here from this PPS even though my avg PPS is lower, it just continues to rise as well as I continue to buy.
GO $RXMD$
Glad someone else pointed it out. ;)
I personally have $10k waiting to clear for trading here, but do you see me trying to punch holes in a perfectly good investment so that I can acquire cheaper shares. No, I have spent my time doing just the opposite. I am not so selfish as to try and do the other.
Quick script and revenue history look back. Should show you the tremendous push for progress here with this company and its superb management.
Year Total scripts. Total revenues
2013. 105,000. 9.33 million
2014. 140,000. 11.27 million
2015. 180,000. 13.5 million
2016. 67,300. 5.3 million
2016ann. 202,000. 15.9 million
Annualized already would be a good year, but the continued growth month over month will only make these numbers seem much smaller. This is not a new market that we are making an impact in, that in itself should show we have a good company making significant headway.
Love $RXMD$
This is a pharmacy stock. They typically operate on 30 day or 90 day refill policies. So some months are going to be higher script and revenue months than others. It's just like healthcare, summer months are slower than winter months due to the nature and timing of common illnesses. I have tracked monthly scripts and revenues for this company since 2014, and 16,500 scripts is 5th highest on record (and all have been since Sept 2015) and 1.4 million revs ties 2nd highest on record. Where is the negative? Additionally the 1st month of each quarter tends to be the lowest script month of quarters due to timing of refills. I'll take growth over profitability right now, the fact that they have money to spend on building expansion, robots, auditing firms, sales fleet, should point to overall profitability already when we aren't taking on debt, it does to me, you have to put your capital in somewhere to continue growth, otherwise the growth we all want won't be achieved. This isn't a 10 or 20 year old established company that we are dealing with here. It's a growing business thank goodness. Which means opportunity for fat gains. :). Go $RXMD$
Looking back, RXMD presented at NYC Roadshow on 11/18/15. Share price on 11/18/15 was $.0078. Volume from 11/18 to 11/27 was 128.8 million with high share price reaching $.0187. Coming 5/31 and 6/1/16 they will be presenting at two investor conferences, and this time we are debt free, higher monthly revs, higher scripts, and more licenses, and the other nice investments in physical assets. See where that takes us.
Somehow it was posted as fact by a poster that we are not profitable. None of us know it as fact or fiction whether we are presently profitable for the March 31, 2016 quarter or for the month of April. Just need to make sure we keep facts straight too. Fair statement I believe.
For some reason my TD has not shown these last two News PRs??
Review will be complete prior to the two investor conferences. I think that's the purpose for choosing this reporting period to get it done.
There is no need to buy this now, I am not buying this now. It's when the plans have been made for this publicly held company come to fruition that buys will either be made or not made. Not looking or expecting anything immediate here in terms of volume, and it sure isn't a pump and dump. It's a hold and see or wait and buy type to see what the new CEO decides to incorporate into this public she'll now that it has been transitioned to Florida.
Someone sure did just swallow hole the pesky .035s. Nice play and nice get. Was trying to come up with a way to do that myself by transferring some more cash in.
Just getting started here! Two month tops, and you will see the change, and people will banking gains. No way but up.
I agree, I think although low volume right now, I am sensing an overall shift in momentum and excitement here. The conference last year did bolster this stock quite a bit as we seen a lot of big buys attacking the RXMD ticker with favorable outcome to share price. Looking back. They presented with NYC Roadshow on either 11/18/15 or 11/19/15. Share price 11/18 was $.0078. Volume from 11/18-11/27 (turkey day 11/26) was 128.8 million with high share price reaching $.0187. Maybe we see some of this same type of action, not as much volume obviously since share price is much higher now. It definitely wouldn't be illogical since we are currently undervalued anyways.
I'll be propping up the bid or slapping that ask next Monday. Waiting for newly transferred funds to clear. No drastic movements till then though please ;$
Yah I am sure this private investment group is taking over this shell just to lose money on it. Sounds like a perfectly laid out plan for them. Yes a reverse split may be necessary. I don't see how you could perceive any news at this point after where this has sat for the last 3 months as negative. This was a barren desert that just got a light rain. Just wait and see if anything more positive grows from it.
Awesome volume, will it tap the 2's today?
It's obviously got to be the unknown potential as to whether this will break up or bust. Lol
Decided to add 1.3 million to my previous position of 18 million. Hoping for the best here.
That was phenomenal NEWS yesterday! The opportunities for this ticker are endless.
Well I agree with him. We don't need flipper activity. The less the better. Solid investors like we already have here is what we need. People that believe in this company day after day and allow the company's fundamentals provide consistent gains MOM based on revenues and business portfolio improvements.
Based on what, please provide support for your statement.
Another poster with a low bid in play. Notice everyone posting crap, has low bids in play, but what does that really mean they want more shares because they know this is going higher. That's all I need to know.
What amazed me from the SeeThrough presentation is that we are top of the industry in FL with one location. Shocking. Expansion can only improve upon this. Additionally, being at the top catches eyebrows.
What you want to listen to a guy who's only objective is to try and get back in at a much lower price. A month ago he was all hoorah, hoorah, now he has flipped and been left dry, and trying to get back in the game at a steep discount of current SP. He's openly admitted it one way or another,
Guys plain and simple it's near the top of the most read boards day after day. He's targeting the volume of readers, and this one just happens to be a great stock and great but unlike 95% of the other crsp on the OTC.
And badguy I am a long here.
Great post EBW.
My story is eriely similar to yours, although I was in the OTC many years ago and vowed to never return after scams and crooked CEOs promising sales contracts in the works that would set the stock on fire quickly squandered my large investments. So about 5 years later starting early 2015 to get back into the market but staying away from OTC.
Well after investing for about a month and watching my investments dwindle as the market declined, I decided I would take a look at the OTC again being very cautious. I looked and looked for a solid investment and finally came across RXMD and another pump and dump type (which turned out to be just that, a piece of trash stock). But I read RXMD board posts and realized this wasn't the typical OTC, they weren't talking about manufacturing products and having some future potential sales. They were talking about the process of paying off Tarpon debt and the prescription and sales facts that were already ongoing. And thanks to people like InstaTrader who saw the vision for this company, I developed a level of confidence with his and others great DD of facts.
Being RXMD was my first venture back to the OTC, did I go all in? No, to say the least. LOL. I bought 10k shares at .0175 on 2/26/15. A $185 trade. Did it go up right away, no it went down, but I would add 60k here, 100k there when cash became available. Then it hit those .005-6's as debt was being paid off and I thought everything still looks good here and potential truly exists as the company continued to go about their business of increasing prescriptions and sales Month over month while the longs are hammering away at the debt and accumulating. So now my investing changed, I became a long investor. It was no longer 65k 100k trades. It was 500k-1mil trades slapping the ask in those ranges and then continuing to buy here and there on the way up slapping the ask. Before I knew it I was sitting at 7 mil shares with 0.011 average and haven't sold a share.
So to get to the point, I share the same confidence here as EBW and many other longs do, and for those new to this understand what you are investing in, this is not a pump and dump for us, we foresee so much more long lasting potential here. So become offended when individuals suggest this is being pumped. For me this is my retirement fund.
GLTA
Very nice day thus far my fellow longs and newcomers. Great to be a RXMD shareholder. Any waiting to buy, the wait should be over, getting in now will be just as sweet!!
$$RXMD$$
I am going to 1 up you, and predict 20 million this year.
Love this post. Go RXMD. Got my apron and tongs on stand by.
Probably off creating a GoFundMe account.
Thanks Jason. Fill us in more if you have the opportunity.
I am kinda in this realm of thinking too, that they never sold them. They just need to return them.
Why are you here? Looking to invest in RXMD?
Somebody snack those .037 and see if it has hidden shares. If not I will do some smacking.
That buy was me.
Where is the big selling. I know just bought $3100 worth at .033
Agreed, nice DD Bearslayer.
I think a cruise or something should be I store sometime in the future with the longs here. Great group indeed.
Perfect response, same reason I am up $120k on this stock. Us dumb traders for holding. Some just don't understand that this company is not only frequently, but consistently doing the right things to improve company fundamentals and shareholder value. I repeat consistently. Other investors do as you like, but those of us who have been here, know what we own and the company is outstanding. I mean outstanding, constantly looking to improve day to day. What more can an investor ask for. I could careless if it takes a year/two to make my million here, and it is just getting started here. Get in, get out, or not at all, not making a difference here. Fundamentals will provide the share price here which must be unforseeable to some newbies and some ah....
Everybody here knows who Armen is, but you might need to explain to newcomers. Don't forget that ;)
He's already on hold with him for the show. LOL