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Hey guys I have been watching the tape here and checking the board a bit - been pretty busy trading leveraged futures derivatives.
Just wanted to pop in to make a few things clear:
1) Stop talking about shorting. Retail is not shorting this. If anything, MMs are naked shorting a bit here and there to deal with supply/demand as necessary. I challenge anyone who is claiming to short this to provide a screenshot with proof.
2) Don't be fooled by some of the naysayers coming in here to rain on the RXMD parade. If they are lacking knowledge then there is a good chance they are paid to post here by someone who is bid-sitting (possibly a competitor or even a MM). If they have knowledge and are bashing then they themselves are getting frustrated of sitting on the bid and/or are simply trying to dissuade longs to dump so they can pick up cheap shares.
The news could come any day.. but if we have to wait for the 10-K and the 10-Q filings to show a profit on a low-SS, high-revenue, high-growth company - then so be it.
RXMD
I have a lot to say here but I won't
http://www.otcmarkets.com/financialReportViewer?symbol=ERBB&id=133134
GL to all
Hope this is my first and last post here
ERBB
Very nice presentation of the facts here. Let's just keep this gem to ourselves and forget the rest.
EDXC
Form T 340,609 @ 0.0213
RXMD
Nice work. I believe you may be missing a Form T for 1.2M and another for 1M at and above 6
Additionally, we can't really account for a bulk of the dilution - which was issued at 0.04 and above. Dunno if it's worth really speculating at accuracy is questionable.
What we do know is: If the company issues news good enough to bring in heavy volume, Tarpon debt could be settled real quick and with limited issuance.
Looking forward to hearing something.. quietly waiting though.
RXMD
It doesn't bother me, really, the size of the Form T is relative to the day's volume.
RXMD
EDXC has managed to acquire yet another excellent partner, the best of its kind in the industry.
Things are heating up once again.
EDXC
Gotta love when a good plan comes together, void of massive (even medium) dilution, and without a very high cost or need for liabilities.
I'd bet that the market will love it too, as they will see that EDXC is trading near 52-week lows for little reason other than the impatient hands of the average OTC trader.
EDXC
Looks like the Todd has just flipped the switch!
EDXC going live soon, ladies and gentlemen.
Huge things are in the pipeline and major milestones/developments to be announced and made publicly available in the near term.
EDXC
Form T 76,200 @ 0.0216
RXMD
true, well then you probably know what a painstaking process it is to build a compounding pharmacy business up
RXMD
Form-T ~407K shares @ 0.0211
Yesterday was roughly 800K
Today's close 0.0218
RXMD
yessir, I have not gone anywhere.
I am a bit disappointed in the company for taking so long to give us an update - they know we have been waiting.
Ultimately, even if we do a dip, we will be able to clear out VNDM in a hurry - especially on news and move up without fear of him for a while.
RXMD
I think that January's numbers are taking so long because now the company not only has more prescriptions, but they also have to account for their new partner-pharmacy's sales and the other partnership with healthcare of south Florida.
I imagine that these things combined and all at once can be overwhelming for management and even accountants to wrap their heads around (esp. at first) for reporting purposes.
RXMD
All good here as well.
GCEI
When I saw ARCA show up on the bid a few days ago, I took it as a bad omen.
ARCA is a troll and a wolf who dresses up in sheep's clothing (via CDEL)
He likes to undercut legitimate retail asks (often instananeously by 0.0001), forcing them to further low their ask (where he follows), and eventually dump into the bid if they want to get out. This is done to generate more volume - in a given day, VNDM/VFIN can only dilute by 20% of the daily volume.
Hitting the ask completely destroys their game but the issue is at what point does a retailer put up a large ask that you lack the powder to chew through.
RXMD
L2 is looking very healthy, ready to move up today.
RXMD
Just some retailers moving around, same as the action on the bid - leap frogging on both sides to reduce the spread size.
NITE and CDEL moved up together to .034 then the small activity at the end got them down to .0333 or so
There is nothing wrong with supporting the bid, brother.
I'd prefer to see you get the shares from the seller for cheap rather than pay him more than he is worth.
RXMD
A simple bid at 3 or above would have prevented that bid paint.
Regardless of other (less reasonable theories), I believe that we have a resident long who wants to load shares. This type of tactic is one I would expect from someone who wants to sit on the bid and load via agitating one of the longs enough to dump his shares into his bid.
Edit: Not a Freudian slip, that was a legit typo (not my bid, his bid; lol)
RXMD
I think you're over-thinking it.
They whacked out into the bid after coming down several times. Just retail rushing to find an exit - most likely so they have a couple hundred $$ to chase something that is moving and probably nearing its top.
A few retail to clear out and we will be back above the mid-BB and 10/20/100MAs
RXMD
Yeah I would say that is a well advised fair price target.
Of course, that is discounting the recent bullish developments.
With a little more exposure, new eyes will take us to where we should be.
For now the float is nearly totally locked as we as putting in a bottom and waiting for news. Should be getting something promising within the next 10 trading days.
RXMD
Trading sideways in the 2-3 range doesn't bother me at all.
Any news and we are quickly on the move.
RXMD
The next required filing from the company will be a 10-K
10-K is the fourth quarter 10-Q but it includes the annual data and it is due on or before 90 days after the end of the fourth quarter. Therefore, it is not due until March 31st, but it may come sooner if the company elects to release it ahead of the deadline.
10-Qs on the other hand are required 45 days from the end of Q1/2/3
I would expect them to drop the 10-K and future 10-Qs as they have just caught up by filing several 10-Qs back-to-back near the end of last year. Either way, they have clearly shown an intent to be more transparent and that means they will likely start reporting regularly.
RXMD
My understanding is that Tarpon took on all of the liabilities, thereby transferring the company's debt to Tarpon. Tarpon's job is to sell shares and collect the money to pay down they debt that they subsequently owe to RXMDs note-holders.
I presume Tarpon had enough equity to pay off the notes as soon as they were received, but either way that is no longer the company's problem - getting Tarpon money via selling shares is the primary focus which result in essentially a debt-free balance sheet.
And yes, RXMD's cash flows will no longer be drained via interest accruing on the balance sheet.
RXMD
I here, patiently waiting for the bottom to be established and trading some leveraged ETFs back and forth.
RXMD
I knew that 'tard who was offering 300K at 0.0244 this morning would be back to kill the bid at 0.03 later today.. said it before and now I'll say it again: it's a shame we didn't get rid of him this morning at lower prices.
Now he's gone so it's over. Good riddance to you, whoever you are.
RXMD
You've independently forced the market to realize how undervalued this is and how easily it can move up.
Bravo.
RXMD
If you keep this up, pretty soon you are going to have to report as a 10% stakeholder
And help management decide how to run the company. You won't forget about us here will you? :-p
RXMD
We will have a few sellers on the way up which is why a slow rise was best.
Once we gain some momentum like we have begun to do already it will be much faster.
RXMD
Enough said.
GCEI
tacky Wednesday, 02/11/15 10:57:29 AM
Re: OhManIDied post# 11511
Post # of 11512
A funny statement. Try selling and see if you can get $0.01 unless you have minimal shares.
And to answer the previous post - I get more money per post that you will make per share on GCEI.
Hurrah! We have doubled since you have urged us to sell.
Plenty more green to come. I have a feeling the catalysts we've been waiting for are coming soon.
GCEI
Agreed, I am just sitting back and focusing elsewhere. I don't really see any good reason to focus on RXMD today, as I simply waiting for this buffoon to get taken out before we move on.
It turns out that some people really do have a special affinity for selling the bottom and buying the top.
Better that they are taken out now instead of later.
RXMD
Very tightly held float here, the exception being this extremely unsophisticated seller at 0.0244
RXMD
Anyone else notice the 500K slap of VNDM followed by 915K trade avg @ 0.0215 right as VNDM left and moved to .10?
RXMD
He prevented our close @ 0.03 .. either way we will move up without him. This new leg has only begun about 1.5 hours ago.
Those who can't give it a chance before dumping their position will be left behind.
RXMD
Lol @ the 300K+ offer in mid 2s getting nibbled away. Pirahnas took half of it before he could remove the order.
RXMD
Doesn't bother me for a second if we let the fools who would sell at the bottom (and at the beginning of a new leg up) out, so those who know we will move up can buy and hold them tightly.
Those who sold at the start of the last leg missed out on multiplying by 4 within a week.
RXMD
Retail has been left to find a fair share price by themselves. Most all of us here know this is undervalued.
Were you guys expecting millions in volume suddenly when VNDM disappeared, and no further attempts by retail buyers to accumulate cheaply? Once those who are bidding realize that the only sellers have been largely shaken out and only a few flippers are offering shares on the way back above the 200MA, they will buy where they can, at the ask.
RXMD