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I really like the $4 million in funding part of this update. This is an amazing start. RFMK looking better every day,
14's hitting? sweet.
RFMK going to run
RFMK has so much more than that "other co."
So excited for what's to come here. The update laid it all out: uplisting, funding, new products!
What's going on? I guess I'll get to buy more when it levels out. Yeah... Not sure what people are doing here, but I'm not participating. Good luck everyone
What an update! Just read it and am very pleased. How long will these bargain prices last?
Locked and loaded for the action thats coming soon. Grabbed some 0009s last week. GLTA. RFMK ready to go.
Yes, but the increase in SS was in the form of preferred shares, not common stock on the open market. Some stock probably has hit the open market, but not much as Highflier has explained. I believe he is 100% correct in his analysis. Though the number of shares issued has grown, the float has largely stayed the same.
Big cutbacks on overhead, slightly higher sales for the quarter, debt reduction, responsible issuance of preferred shares. All building a nice base for a company, which looks infinitely better than just about any other pinksheet stock out there.
Crazy to be selling here. Increased sales and net assets. They issued preferred shares, not common stock to generate cash. Those shares have not hit the open market. They will use cash on hand to generate more revenue. Time will tell the tale.
Mike was absolutely right. Way to go. SNDY is developing nicely.
What's with low volume walk-down? I will take the opportunity to buy more soon, if it drops back to 004 or low 5's. This is the most transparent pink sheet stock that I've ever come across. Should be trading over a penny easily.
Nice volume yesterday. Seems like the 000 asks were taken down. WIth more volume like that, we will really start making moves.
Impatience is a killer with pink sheets. Stick to your trading strategy and you will do fine. SNDY is a stock in which you must be patient and accumulate when possible. It is also an exercise in futility to voice your frustration with stock action, as it will lead to nothing of value.
Using my brain:
Step one: ignore post responded to and do my own DD... Using brain already!
Step two: Does RFMK look like a company that may have a PPS that will appreciate?
Step three: Decide to buy/sell/stand on side line
Step four: Determine trading strategy
Step five: Execute trading strategy
Step six: Make $$$ hopefully
Nice volume so far today. This will make some positive moves in due time. Patience.
All I can say on that is beware of Nevada....
Thank you again Mike for your excellent analysis of SNDY developments. I won't be around today, but I trust good things are in the works. I'm very excited for what's ahead.
Take care
Great attitude. I'm sure we will see that reflected in the quarterly report as well. Good luck
I like your attitude. I agree with your sentiments regarding RFMK.
Yeah you're right. SNDY is looking really good right now. Higher base built ~008, giving us a nice platform to jump above a penny. GL
It is a main catalyst, but people should not be expecting astronomical revenues. That's just not realistic. What we want to see is reduced debt and some growth in revenues. That's all I was saying.
SNDY
Yeah, SNDY is on the cusp of a nice north-bound move. Can't wait.
The quarterly report isn't necessarily the main catalyst here either. Frankly, I don't care if the numbers are great or "so-so," I want news that gives a forward outlook on product marketing and sales. This quarterly report should show continued reduction of debt and some sales. That's all I expect.
People are holding and waiting, plain and simple. Accumulation by some continues. Be patient.
Wooop. Nice day of consolidation. GL all
Don't like the way it's trading? lol. This really couldn't be setting up any better.
The climb continues here. Very healthy trading; loving it. Good luck everyone
Trading beautifully so far today. 72 holding very well. Looking to go back into the 8's shortly. I want to see .012 soon.
Yes it is. Nice tight trading on the ~0072 support line. Any spike in volume will move this.
The week has only just started.
Yes, good times ahead. Very excited here.
This is a funny post and I'll tell you why.
Most pink sheets have NO REVENUE and in most cases HAVE EXTREME DEBT and their market cap is many times higher than RFMK's. ANY revenue should push the PPS up. Seriously... Look at just about ALL pinks.
I've had a few rodeos with RFMK and this might not be my last. I've made money here before and I plan on doing it again.
Forget about money for one minute: the current pps is pretty funny after holding 00's for so long. RFMK has bounced off of 000's before and I'm betting it will again. I may eat these words later or I may be very happy with my decision.
Let's see what happens.
Can't wait for some SNDY action tomorrow. I have a good feeling about this week. Good luck to all here, and have a good week of trading.
Agreed. I think it is unnecessary and unwise to assess pink sheets the same way has big board stocks. This will move based on speculation JUST LIKE ALL PINKS. Don't you see shady mining companies moving 100% daily based on nothing? I'm sorry, but as far as pink sheet stocks go, RFMK is doing alright. Far from perfect, and not a "make me a million" stock, but I see it as a pretty safe bet that this price.
All in my opinion. And maybe I'm wrong about the "make me a million" part, but I'm not betting on that.
good luck
Thanks for the warning. It's always risky down here. I remember a certain e-cig ticker that we both might have learned from.
I disagree however. I think RFMK is far from the perfect pink sheet to be trading, but I think from 000 levels you can make an easy play back into 00's. Just my opinion.
We have seen a 000 run up to 00's in the past. Many made out very well. It looks like it could happen again. I have a small wager on the table that it does. The people that made out best lat time were the ones that quietly accumulated shares at 001 and less.
My only concern is the float, it has grown, but not to the point that it won't get back into 00's. I fully believe that 000's are undervalued. Looking for ~half a penny here... give or take. Trade accordingly, GL.
Each pink sheet ticker is its own organism. Trade the best you can, while learning from your mistakes. Just as big a mistake that I've made is selling too early... I don't play with large sums of money, and I make more holding for "modest" gains, rather than jumping to the sell button with every little bit of profit I have. I have found a nice middle ground in this regard.
I agree that people should take profits, otherwise why would you be trading? SNDY holding this weeks gains nicely, next leg up coming soon. Good luck
I see the bid and ask rising. I just want to see 008 range hold strong. Looks like we will have a good close, especially for a friday.
Care to post proof? That made me LOL