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Yep, just getting it out there for the rest, that we only give honest answers here, and there is no reason not too. We prefer it just the opposite, we want to share the good news here. RXMD is great company and only working hard to make itself even better.
I'm excited to see Cramers take on this stock.
Looking great today fellow longs. Enjoyed reading that very positive report posted on here earlier. You know this company mentioned mergers and acquisitions as a goal for 2015, so you know that this has been in the works to find an appropriate target for some time now. I wonder just how close we actually are to fulfilling rid goal for 2016.
We are holding steady today!! :)
What's funny is all you are looking to do is convince one long or someone to sell there shares so you can aquire them at a cheaper price. Just like a previous poster. Back and forth on bashing and then promoting a stock. RXMD is solid with solid shareholders and that seems to have created a problem for some. Oh and by the way you are forgetting to mention that traders are painting the bid for 100 share trades, but mysteriously point out that people slap the ask.
I work in the healthcare industry, and what we report is Net Patient Service Revenue. This is Gross Patient Charges less any Contractual Adjustments/Write-offs (Medicare, Medicaid, commercial, self pay, charity, etc.). Expect they are reporting Net Revenues in this same fashion. They would have the same type of adjustments here.
Thanks for the update Diamond. Appreciate the DD fellas.
RXMD surely is on the verge of a PPS correction.
I am long on this stock and am still holding tight to my 7+ million shares. My only concern when making my initial investment on this stock was the debt and dilution, being current on financials. Both of those concerns are no longer present. Debt free and adios to yield sign. I would like audited financials though yet.
RXMDs annual revenue/year based on their prescription numbers alone come Deceber 2016 should be in the neighborhood of 21-22 million which is absolutely outstanding for an OTC, and that is excluding any acquisitions or mergers. I personally am dying to buy more shares, so I don't know why others in the OTC don't have that same sentiment. This is an opportunity as we remain undervalued here.
This clearly supports our aggressive expansion of our brand. I was a little surprised by only $16 million in revenue, but I think if we get 21k scripts, that will end up being just a conservative figure. If you go by revenue per script now, I think you can see the true impact that will have.
November 2015
15,000 scripts for 1.3 million revenue = $86.66/script
This alone was projection of $15.6 million
21,000 scripts x .$86.66 = $1.82 million/month
Annualized at some point in time would be 21.84 million in annual revenues.
Personally I think they are trying to play it as smart as possible and get the yield sign cleared before Issuing Letter to Shareholders.
"Agressively expanding the brand" is what stood out most to me in this communication today!
Looks like the place to be then, especially with a quality stock like RXMD. Anybody have any insight on when the shareholders letter will be PRd? TIA
Oh so we are expanding to new forums. Sounds like a great idea. RXMD long and strong!!
Looks like our friend is back again talking RXMD just under another ID
Know what you own! No worries here, fundamentals here are great. Can't flutter in these ranges forever. I personally have learned to sit back here and not fret the day to days anymore. This is nowhere near my sell point, so I am just in cruise control until this stock realizes it's true value.
Agree 100% with your analysis. My one and only post for the day.
Short week for RXMD,looking forward to shareholder letter. My only post for the day.
I will just piggyback my only post of the day on your as well. Either a long or somebody is trying to play the longs here, and do his normal flipping activity, and hoping people will listen to his price point requirements for the day.
Go RXMD. And because .022 and .023 is where he has his sell orders. Myself and Clearly got banned the other day due to a certain poster that no one should trust.
Get golfboy on the phone with Armen ASAP!!
Teach this guy a lesson or two.
Just delete them and then let them decide whether or not they should be reinstated.
Somebody just delete all of the BS posts. This guy is nothing but a fraud and should be arrested for all his defamation on every message board he visits. Yah, check out his last 50 posts, not a one of them worth anything of value.
Hoping we get a catalyst that creates some buying pressure, as opposed to this churning?
Yah, better watch out for DINO sitting at .0137 bid and .18 ask. Just terrorizing the crap out of RXMD. LOL, you so funny.
You think it is a little side gig taking up couple days a month to help out a family member or friend that's in a little private family produce business.
We'll have to let Clearly let us know if it was a real trade or not. You saw the ask sitting on .0250, they may have gotten antsy and it was a quick way out. If so, more shares to a good long.
How can we say it wasn't real, the volume spiked 1.2 million as a result from what I can see.
Welcome. I don't believe it was that guy, those shares were already sitting on the ask before he got filled at .0230. Someone else flipping, I think the guy selling 1.4 million at .025 decided to split them up a bit in the .0248-up range.
No more debt, equals no more dilution.
I think newbies seeing this past year's pps chart could fear that it could return to .005 if they didn't do any DD. They really only have to do a little DD to know that it only returned to those levels because of the dilution that was occuring to pay off our 1.8 million in debt this past year. Smoother sailing from here, without that hanging over our heads. That being said, a lot of our stickies need to be updated to reflect that new bit of news. For instance Insta's post for Top 10 reasons, still refers to 9/30/15 for debt update. As we all know now it is complete and $0.
You were my next guess, big fella
Are you trying to say that we should be comfortably sitting at $0.046 at this point in time, based on this information and 340 million O/S.
I think the 1.2 million on the bid may be stockforce with bid support, trying "To defend his investment". I may be wrong, but he seems the type. It was put in shortly after the comments/complaints regarding bid whacking. Initially it was at .0225 and now it has gone up to .0230 to keep the gap close as opposed to .0215 which is fun for bid whacking. We have all seen how others can play the market with their tactics, but the tactics can be outdone with good fundamental trading tactics as well. "Defend your investment" or not.
Until you get CDEL off of the .0247 you won't know whether or not the big ask block is gone. CDEL was also the big ask block at .0250. Just got undercut temporarily with another order.
Thank You for finally pointing that out, I was just getting ready to post the same. No benefit to bid whacking if it doesn't create a dramatic difference in price.
Well typically in Healthcare/Pharmacy, net would mean gross revenues less insurance contractual adjustments.
When I saw only 15,000 scripts I was like huh? But I just went back and the 16,000 scripts in October was only an increase of 20% over the same month last year, and this was a 30% increase, so we actually hit the ball out of the park this month. Anyone else catch that it said 1.3 million net revenues. Was this a typo or have they always been NET revenues. October just says revenues of 1.2 million.
I agree and am totally onboard with all of that. I will agree with some and say RXMD is a gem in the OTC as well. I have no argument with that all. It could have been bad news no doubt, but it wasn't.
I will follow Insta's prediction and say we get news again this week, hopefully the unexpected kind, because expected this month hasn't done us any favors just yet or we sure as hell haven't figured out how to trade during the releases. And for those that flipped into PR releases you have no right to complain about PPS and movement or lack thereof.
I find it very odd that you come on RXMD of all the boards out there to announce this bit of news that is as obvious at as always been. Hmm what's your position here. I don't see you posting this on any of your other penny stock positions. LMAO
What about the profit taking fools selling into news that could have taken us to $.05? Which is more crazy?