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Arman sez Need more buyers so he can sell.. RXMD running low on cash!
RXMD will rise after it Reverse Splits.. but your shares will only be worth 1/20th current value so best sell now!
Closed at LOD..more Downside to Accelerate!
RXMD Magnet is $0.005 Target!
RXMD is Overvalued.. only worth half a penny.
Wishful Thinking..
You hit the Nail Dead ON! The audit was to game for Dilutive funds, Period..
I use Trade Station, but there are plenty. Generally you have to qualify as a daytrader with minimum equity requirements of $25k and up.
Some good reads on RXMD history..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125341475
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125296084
I shorted RXMD twice at just over a nickel and remain short.
Owners are in cahoots with their toxic lender to squeeze money from Investors.. you're typical Stinky Pinky situation. Look into management background, especially Armen Karapetyan!
There are 86 Other Florida Compounding Pharmacies..
http://www.ecompoundingpharmacy.com/local-compounding-pharmacy/Florida
And they didn't even list Progressive - Lol!
Why should RXMD buy multi-State licenses when your local Walgreen does it all? This is from their website on compounding medications..
"We offer basic medication compounding at all neighborhood Walgreens pharmacies. We also offer more complex compounding services at some of our pharmacies. Contact your local Walgreens to see if it has the compounding services you require."
https://www.walgreens.com/topic/pharmacy/compounding.jsp
Too bad..2 Reverse Splits Coming. RXMD has Toxic Financing!
Current down leg is at a 45-degree angle on daily from Feb..
This leg makes a new low below .0165 at .015, trust me.. been right all along.
.018 was the vacillating support level, next is .015
.018 was the next support to fail..
.018 Floor BREACHED Baggers.. HoHoHo!
Bingo!
Lots of meat left on this bone.. to 0.005 then reverse split.. rinse/repeat!
They already rolled up the shares once. What is going on now is the naked shorting from their toxic lender Chicago.
RXMD has been dumping shares to pay bills since its inception. Its not just Midam, they also have Toxic Financing.
Yes, and I am a patient Short!
Dead-cat pause almost over.. then Down Again!
RXMD indicators all sucking eggs, more downside coming!
One of the tactics used is the end of day paint job so the shares can be sold higher on the next day's open..
Avg Bagger loss to-date here must be ~ $15K +/-
I used to trade for toxic lenders.. its a FACT!
Naked shorting is done off-shore, no one can identify the source but its always the TOXIC LENDER!
Professional short selling by Chicago Ventures, just like I said they would almost a year ago! These are naked shorts..
It will take a while to ruffle my feathers, short from over a nickel..
RXMD still down 5.26% today..
3 Buys of $180 each..oh yeah, shivering in my boots-Lol!
Fresh 52-wk Low Again Today!
RSI is at 27..lots of room for more downside!
Answer is indefinitely.. U can lose 10% everyday on RXMD indefinitely and still be above zero!
How many days can U lose 10% and still be above zero?
Any short-term blip will be another fake rally, once RXMD bottoms out it will lay flat along the bottom for a year or more at best. At worst, you get continual decline, a Reverse Split, followed by more decline, Rinse/Repeat. The story doesn't support the pps because its fake news!