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Most of their BUYS are above their previous SELLS. What good is that???
Lets_see how this 400,000_wall at .213 gets_handled...
0.266+ coming before end of this week!
RXMD WILL surpass 0.266 before EOD Friday!
Ms_Mars is the Queen and RXMD is the_King!
Rigs burn out, need replacement, costly. Complexity keeps going up and so do the costs of mining. The price keeps going down. Not profitable anymore soon.
Who feels sorry for the shorts today? Hahahahaha! I hope they all get burned when more news comes out and this blows past 0.266
75M_in_revenues and Nasdaq_coming, You_heard_it_from Ms. Mars herself. Do not underestimate that strong willed lady. She will produce the goods!!!
Value is 6X revenues or $120 Million for market cap -hence the .35/share target. If they open up a second commensurate store, then share price jumps to .70, etc... You cannot use PE now since this is a growth stock looking towards 75M in revenues and a Nasdaq listing. Ms. Mars will not be stopped.
DIGAF slowly dying, get out while you can.
Bitcoin slowly dying, get out_of_INTV while you can.
Bitcoin slowly dying, get out_of_BFCH while you can.
Need News!, Need News!, Get those shorts!!!
But the naked shorts will be back in the morning to start it over again, but close out before 4 PM the next day.
I really hope some news comes out and sticks it to the shorts good! Over .266+
Naked_Short_Selling_will occur and then most will close_positions_before_4_PM.
Shorting is_harder, they will cover before 4PM today, or risk any news item out before the open tomorrow.
When next news hits shorts will cover big time!!! Clay and his cronies will have to eat their losses then. When it goes above 0.266 and higher, then all the remaining shorts will be sitting on losses. Just watch!
Nothing has changed with Ms. Mars. Either you believe in her company, 75M in revenues coming and Nasdaq coming, or you don't. This short term stuff is noise (yeah, it might get worse in the short run), but this will allow us strong longs to accumulate even more. I am personally glad for the pullback. Tomorrow is payday for me, and you bet more money is going into this one! Within two years (is my guess) that RXMD will be at $1.50+ And, you know that Clay and his clan will be with us every step of the way up trying to short this one (and getting beaten every time).
Either you believe in Ms Mars, $75M revenues and NASDAQ to come, or you don't. Simple as that. This daily stock movement, RSI, support/resistance stuff is for traders not investors. My only question is what year will RXMD be listed on the NASDAQ?
RXMD short positions https://otcshortreport.com/company/rxmd
Let's watch those shorts get burned trying to cover. Haha!!
MM's stole shares today at .20375 and low .21's. Amazing that people still set stop losses on OTC stocks. The MM's will just steal them as they walk the price down to gobble up your shares. My shares are locked up until at least $1.50+
waiting for more good news, then, POP! UPPPPPPPP she goes!!!
Closes green today? MM's do not want to be holding this at a low price if news comes out after the close, or before the open. Right now MM's are collecting cheap shares from stop-loss sellers and any short sellers. MM's go bottom fishing during the day to load up on lower priced shares and then sell them the next morning for higher prices. That is exactly what Market Makers do, they make markets. Unfortunately, this usually means the retail investor buys in the morning high and sells in the afternoon for losses.
Wash, rinse, repeat so the MM's keep making their daily profits.
GLTA longs!
when will CVS buy RXMD to eliminate competition? Or perhaps Walgreens will buy RXMD?
Boring no news day, still going up :)
Last time MM's stole shares about 15 cents each. Typical... Just reloading for the next push higher. Need to have these healthy pullbacks so the strong longs can load up more cheapies.
Setting stop-losses too close to price will get your shares stolen. I have mine riding towards $1.40+ land... GLTA longs! Typical MM load up time now.
Ms Mars said going to 75M revenue and NASDAQ at that time during the interview. Using 6X revenue valuation, puts RXMD at $1.40/share+ by then. Once on the NASDAQ and still growing, this is going to shoot up much higher than that. That lady CEO really knows her stuff
Wow! 0.223 and climbing. Good for us longs!
Idiots sold in the 16, 17, 18 cents range today! Even 18 to 20 is a 10% move itself. Amazing. This thing is worth 80 cents with two pharmacies, and 1.80+ with future growth coming...
By the time they finally get this financing, then building, then mining rigs, etc. this will no longer be as profitable. Meanwhile the cost to mine each Bitcoin keeps climbing, and the price of Bitcoin keeps falling. In 2022 or so, when the block reward get halved again, I doubt whether this will be profitable at all anymore to mine.
Hit the wall at .197, will pop .20+ after more news released.
Reminder -- This is worth 0.40/sh with one pharmacy, and 0.80/share with two pharmacies.
These type of companies trade for ~6X revenue. Even using 20M revenue for one pharmacy, 6X is 120M. In order for this company to get to 120M market cap, it would be trading at ~40 cents per share. Now with the addition of a second commensurate pharmacy, this should be at
~80 cents a share.
In order to get to a $3.00+ level per share (for example), we are talking about needing to grow to at least eight (8) pharmacies. Folks – This truly is a LONNNNG term, multi-year, multi-bagger hold opportunity. GLTA longs!!!
BTW -- If someone has a better share price target estimate, please provide it. Thank you in advance. I will of course keep accumulating as the months go by at these insanely low levels per share…
Someone must know something. Over 1 million shares bought before 2:30 today according to the daily chart. Last time this happened, RXMD had great news the next day and the stock popped up again.
GLTA longs!
Try calling IR yourselves at 540-736-3069. You will get to talk with a nice girl who is pleasant and says that she will give the message to the Investor Relations person (I think his name is Spencer). Then IR does not call back ever. I want to know 1) when will the 12 Billion shares be eliminated, 2) When will the first facility be built, 3) Who are they going to purchase all the mining rigs from (Bitmain?, others), 4) When will their earnings be released?
BTW, these rigs are hard to obtain and cost $thousands each. 5000 of them at about $3000 each is at least $15million dollars in cost. They supposedly only have 10 million to play with, and a lot of that will be eaten up with land, facility builds, etc. Something does not add up.
If someone gets a response from IR to the above questions, please post their reply.
Thanks in advance. I still have a stake in this company and hope they do well, but need some hard proof that things are happening. The OTC site shows that this company is just a shell though and that worries me a lot. Also with only about 3 employees, how are they going to pull off this massive undertaking?
That was not a nice buy, instead 1.5 million shares were SOLD today. All plans and fluff, no substance. Also, where are they going to buy the 1000's of mining machines from? Very fishy and no PR's at all. Sad.
This is worth 0.40/sh with one pharmacy, and 0.80/share with two pharmacies.
These type of companies trade for ~6X revenue. Even using 20M revenue for one pharmacy, 6X is 120M. In order for this company to get to 120M market cap, it would be trading at ~40 cents per share. Now with the addition of a second commensurate pharmacy, this should be at
~80 cents a share.
In order to get to a $3.00+ level per share (for example), we are talking about needing to grow to at least eight (8) pharmacies. Folks – This truly is a LONNNNG term, multi-year, multi-bagger hold opportunity. GLTA longs!!!
BTW -- If someone has a better share price target estimate, please provide it. Thank you in advance. I will of course keep accumulating as the months go by at these insanely low levels per share…
Also, thank you to mlh2209 for reaching out to investor relations. I tried calling and left two voice mail msgs but no one called me back.
Damascus is the only one really digging into the DD. I hope this all works out in the months to come. GLTA longs!
No activity on the iHub board either.
Think bigger --> $3.00+ per share. That would be a 33X increase from these levels, but earlier I owned intv that shot up from 0.15 to over 6.00 per share (40X bagger). So anything is possible. The very best of luck to all RXMD shareholders (including me :)