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.
The market is the market, and right now it appears to suck - the company has no control over how this reacts. It did everything it said it would do, and its a 280K float now - the company is just going out now to introduce itself. I am sitting tight, been sitting with a shit load of .25 pre public/pre-split shares. Its hard to watch if you don't play the long game - which means you can't hang on every dip or rise - remember it went from $1.20 to $7.50 in 2 weeks? Float hasn't changed much, has it now? Frustrations are very high, mine included, but when you take 2 steps back and look at it, things become clearer.
One trader called me last week and he has been watching this board, he said he split his investment money for RXSF into 2 piles, one, to invest on CHEEKY'S DD, the other to invest when the company meets YD's analysis. very interesting, and maybe a good ying-yang.
Guess you guys don't want to believe that the stock JUMPED when WV announced to their "members" the deal, and of course THEY were the ones buying, thats what MLM marketers do - hype thing up - now that people got home from the convention, their brokers are telling them they were crazy - This wasn't retail buying, it was individual buying, and now individual selling. Its all a manipulative pipe dream - crappy product they could't sell because its old technology. I hope this does better, but i don't see it.
MM's keep walking it down. So let it hit bottom and they will move to another stock to screw with. Notice that big bid keeps dropping down. Won't take too much to gather up 200K shares by a real MM when its ready.
Especially the last 3 !!!!!!!!
Look what they did for Stellar Biotechnologies!!!! NASDAQ: SBOT , this IR firm made the uplift happen in November, 2015 !!!!
And just how the heck would you know remotely what is going on. You actually think an IB will "write a check" at the JPM16 Expo? Or do you think healthcare investors will RUSH in to buy a company stock without doing its research first? Thats very foolish. It takes months to attract and secure a quality IB because there is a ton of DD that they do before signing up any company. The JPM16 Expo was the FIRST TIME Lorraine brought the starship out of her dock. She needed to wait until all the things she has been working on were in position so when they do their DD, they can easily confirm everything. You start on impulse power before you can hit warp 9. Now my phaser is on stun, don't make me use it!!!!! (JOKE)
Its simple to blast an email IR POS newsletter out to stimulate interest, but to what end, give away $20K a month and millions of shares.....you want that for a 10 day $1.00 bump?....NO OTC COMPANY ever sustains it. I would wait to se what her next moves are before you panic that it wasn't done yesterday.
Probably a good strategy. I have a long way to go from .25 pre public/pre split, but have held through much worse, actually several times now, much worse. I believe once this gains the right traction, and we will all know when that happens, this will be what everyone thought it could be. Its only the 3rd week in January and they launched the CVS program after announcing to us they would. They are out trying to raise big boy money, not OTC $50'sK and $60'sK. Lets see who they choose and who is willing to help them by way of PR, IR and Investment banking firms. Once we see who is helping and who is representing the company, then I will feel a lot better because then I will know they are serious and headed in the right direction. She has been transparent and have telegraphed what she wants and is trying to do. losing 33% in value in one day, on 1000 shares traded does not define this company at all.
If MM are short, increasing the bids will put pressure on them to cover. Right now it's a waiting game they are winning. If buying comes in and pushed the ask up, then the bids will follow. Bid strength is always better unless there is a run of buying. And it looks like that means about $10k minimum worth to really move it. iMHO.
Just found another company PSA - seems new.
Now you are all learning what MLM can do in a pump and dump.
CVS pictures just came across Twitter. Interesting.
It appears that nothing the company is doing will happen overnight, and just because we are enthusiastic about what could be, NO ONE ELSE knows about the company. Now, the company can give away stock and pay former stock brokers a lot of cash for a quick pump, but I think this company is way beyond that, and probably has had some bad experiences with that as well The press is probably done to keep us informed, investor interest will probably just have to be organic at this point until the company secures funding. Its a shame though, with such a minuscule float, that its at the same .012 as before the split, in relation-post split. Market cap slightly over $3M. The key here is for them to continue doing what they are doing, AND to raise the money. IMHO the market will eventually wake up.
Stock split? The stock will go down 200%. There are other better ways. More stock, more games, and besides, the money the are going after does not care about volume or PPS, I know WE do, but they don't. And I'm with you, the mini dafe product will likely be a killer!!!
I hear they are well along the way with sample products of the medical devices and meetings. Other than that, we will have to wait for news, but I agree. Always felt the safe was a consumer "feel good" product that can attract attention to the company, the serious money is in the medical devices.
Actually, just the opposite - they can qualify with market cap only, and thats exactly what healthcare investors invest in, not PPS or stock volume.
Don't think the company or the seasoned healthcare investors care too much about volume or PPS right now. They don't use that criteria to make their investment decisions. They focus on other factors. Different breed. But do think your analysis does tend to focus more on mainstream non healthcare related stocks, and on those points, kudos.
Could not agree more with you on this.
This program is typical of all major retailers with a high price point item. I am sure in their last company, it was the same or similar program with those retailers. So time will tell.
Agreed. But think the key here is the passage, at the registers. It's ibviously a program that was designed by CVS and not the company and probably based on CVS's history with its customers. Smart people at CVS.
Pretty sure all of the news says that sales initiatives started today. Doesn't look like there were any online promotions yet and one would have to guess that the online offering has been set up and being tested to support the in store program.
Agreed 100% Cheeky
Seems just the opposite from what the board wants, but doesn't seem PPS matters at all to analysis that healthcare investors look at. Its all about market cap.
http://stocks.about.com/od/evaluatingstocks/a/stocksmarketcap.htm
By market cap, this subset of the 76 Healthcare sector IPOs that have occurred over the last year breaks down as follows:
3 small cap (<$2B)
14 micro-cap <$50M-$300M)
5 nano-cap (<$50M)
This is roughly in-line with the market cap distribution in the industry: Biotech has always carried a majority concentration of smaller companies. But strikingly, though they’ve all been publicly traded for less than half a year (and half of them for less than a quarter), this constituency makes up 8% of all Biotech companies with a <$1B market cap.
These companies – and their established peers who are raking in new cash with follow-on offerings –
Micro cap stocks shouldn't be confused with penny stocks. The terms micro and nano cap with regard to stocks refers to their market capitalization. Micro cap stocks have a market cap between $50 and $300 million USD while nano-cap refers to stocks below $50 million. Because a company has a low market cap does not necessarily mean their stock price is in cents.
That said, there are some advantages to the lower end of market cap spectrum. Perhaps the biggest advantage is that due to their small size these stocks don't receive the same attention from Wall Street analysts as their larger capitalized peers do. Finding stocks that aren't well researched or are simply undiscovered to investors can be a major advantage. It is in this "neglected" corner of the market that the discrepancy between price and value can be greatest. A low market cap does not necessarily imply a bad business, in fact there are thousands of businesses operating in all segments of the American economy with market caps under 300 million.
My plan B - RXSF
Its not inside information but I may be able to color it for you. A few years back, the FDA started requiring makers of needleless injectors to be bundled with a specific formulary in order to get approval by the FDA to commercialize this type of product for healthcare. Some companies, like PharmaJet, started bundling its needleless injector with influenza and insulin type medications (both are non-prescription BTW), and most of those devices are now one-off's, or single-use disposables. The BJCT unit was developed for multiple use, considering its materials and functionality.
I personal like re-usable jet injectors with certain medications, more on the opioid - pain side. BJCT was unable to secure a US pharma to partner with and sought foreign distribution, which, under the circumstances, was the only direction it could go in.
The company stopped filing its required disclosures with the SEC and after a time period, the SEC brings actions to de-register (revoke) the companies registration, or its ability to have its shares listed for trading, effectively making it a private company. Its a severe blow to its shareholders, but this is usually done for one of 2 reasons. The company has run out of resources to continue as a public company, or it wants to go private to try to attract a buyer, so not sure what the behind the scenes intentions are, but as you know, I am invested in 2 other companies that focus on biometric technology, one of which has spoken with the lead investor of this company, but I don't know what has transpired, if anything.
How are you making out over at SMME?
How about this.....all the talk about news coming.........see NITE? They have people inside watching these boards.......you don't think that 1,384 Ask is again an attempt to short? I do. How about looking at the curve over a 3 month period starting a week ago? Longs.
You don't know Lorraine, and obviously you have not been paying attention. She is a hands on CEO. Once the company is properly funded, I am sure she will hire people to pick up the slack. Until then, we should all be thankful that she is on top of everything in our best interests.
From what I hear, the CEO is moving forward with sales initiatives, as well as in the process raising enough money to accomplish the revenue goals in the prior releases and forecasts. She just attended a huge healthcare investors expo that I am sure we will all be hearing about soon, at the same time juggling 3 sets of lawyers to protect shareholder and company rights. To say she should just focus on sales, is kind of naive.
It may very well be the CEO, I have personally done business with MasterCard up in Purchase NY. Big companies like to feel comfortable and trust the partners they rely on especially with new technologies. It could be personality. It could be there is no product or its just not ready yet, or they have it and its not what the banks want. Either way, if they did have a working product, it would be taken in a SECOND by a reputable US bank.
I find your posts informative AND entertaining. Maybe a little one sided sometimes, but nevertheless, informative and entertaining. If you decide to jump in, I wish you all the best and hope you do well.
I don't see it, but you never know.
I know, I purchased 100,000K today and will probably continue to accumulate.
Actually, NITE may be selling shares that BMAK sold over the last 3 weeks. Could be through BMA's network, other brokers and investors bought up those shares, and are now attempting to resell them. It depends how many friendlies bought, and how many snorters or flipper bought. VERY hard to tell.
IDK, looks to me that NITE may be short and is blocking upward movement, hoping to scare sales down at 2.56 They have done this several times. They flash a large ask, then take it down to scare us. If that 1300 is taken, they may panic, but the bid will most likely start to go up as well. I don't think there are any real sellers, so by blocking the market, they can play games. Wouldn't be surprised if we see BID creep over the next 2 hours if no trades. That WILL be very telling.
I would guess substantially less than the big safe. Then again it has more technology in it. I read somewhere that the company intends to also include bluetooth and wifi into the big safe as well so it can remind you to take your meds also. Thats important, because it seems that it would make the product a medical device under the FDA definitions because it becomes a real adherence device that interacts with the patient. At the very least, its becomes a piece of medical equipment, subject to insurance reimbursement. I am guessing the Mini will probably retail around $99.00
LOL, at least RXSF is a real biometric company with actual products with national retail through CVS and professional healthcare distribution through McKesson and Cardinal Health. What do we have here, another MLM marketing scam play, ROFLMAO A folk and his money are easily parted - way to go GINO! And your distribution is through people who can;t make more than $325 a year repp ring for WV, wait....I'm choking on my saliva from laughing too hard......
No revenues at all, and its easy to put together a phone app. Where is the value proposition here?
Wonder if NXTD's IR firms (for the lack of a better characterization) are utilizing the MLM members to help buy and sell shares in the open market. Because when you crunch the numbers of the deal, and apply a real world perspective in what really can be accomplished, only a few will make out on this.
I wonder if thats the next product CVS will add to their national campaign, or maybe we will see it on the HSN or maybe even WALMART/COSTCO.......you never know, but it seems like a great product.