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.
OS as of today:
Melissa Tampubolon (mtampubolon@corporatestock.com)To:you Details
As of 4/23/18, the OS reflects 884,322,039
Melissa Tampubolon
Corporate Stock Transfer, Inc.
3200 Cherry Creek Dr. South, Suite 430
Denver, CO. 80209
Phone: (303) 282-4800 | Fax: (303) 282-5800
ü Please consider the environment before printing this email.
Lol! Excellent point!
It depends on if you plan to trade this or hold for a long term. If you can hold for a couple of years in my opinion anything under $0.50/sh is a good entry point.
If you plan to flip this stock for a quick gain, you might be able to get a better price over the short term. Roughly 2 weeks ago RXMD dipped into the upper 7s. It could revisit that or go even lower, but then again it might not.
Thanks for showing the true facts JQ!
I put the S on iggy a week or so ago and reading this board has become a pleasure now.
RXMD is a rare gem in the world of OTC.
I think a lot here fell for Munro's PRs, me included.
Anyway, I'm still on the ICLD sidelines. Were you able to pick up any more shares in the 6s yesterday? That looked pretty tempting for a quick flip, but I was out of cash at TD Ameritrade and I really didn't want to sell any of my other stocks. But as tempting as that looked, the way ICLD has been falling lately 5s or 4s within the next few weeks wouldn't surprise me, I hope I'm wrong though.
I'm still shooting to make a positive return in my portfolio this year, even though I got off to a rocky start. I think from here on out I'm going to be trading more rather than holding more like I did last year and up until a couple of weeks ago.
I can't really expect a different outcome unless I change the way I was doing things. I just hope the change will be for the better though. There's no law saying this year can't even be worse than last year. But I'm going to look at it as the glass being half full, rather than half empty. Perhaps attitude has a lot to do with it.
Good luck to you and to everyone else here.
I agree. They have some pretty cool products. Just need to bring them to market. Socks are a start. Go from there.
In 2 years should they get FDA approval, the stock price can jump over 10,000% in a single trading day on the news. Seen it happen in other tiny stocks.
Very compelling reason to hold on to a few shares for the hell of it.
I don't know if this helps you feel any better, but I'm down 100 grand. Maybe 10K of it in this stock but the majority of it from other losers in my portfolio.
Last year was a terrible year for me. And it makes me sick to think that I did that horrendously when the rest of the market was on fire and more millionaires and billionaires were made.
And to rub salt in the wound, I'm already down another 24% YTD in my portfolio. I was hoping this year would be better but it's not starting out that way. It's almost like I'm going out of my way to find the world's worst stocks.
And true story, I'm one of the rare people who actually lost money owning AAPL. I should have held it, but no, I decided to hold other loser stocks that only perpetually went down. I used to think that all stocks go up and down. But I'm telling you from experience that some stocks only do go down lol.
In 2017 ICLD had a net loss of $44,366,000, so roughly $3.7M loss/mo. Not quite $4M/mo as I stated in my previous message.
And that comes to a net loss of $11.1M/quarter. So if their Q1 2018 shows a loss of less than that, it would be an improvement in my opinion.
The 2017 financials were still rather ugly no matter how you slice or dice it. From Munro's PRs last year I was under the impression that he was much further along at turning his company around. But there's usually more truth in SEC filings than company press releases.
Sorry to hear you had everything in ICLD. I hope they can pull through for you.
Well I didn't notice in the filing where Munro paid himself a 500K bonus in addition to his base salary like he did in 2016. But his base salary is still up there over $500K. So he took a pay cut. But I would be happy to have a base salary of $500k lol.
It doesn't appear that his pay is performance based. But I'm on the outside looking in. So perhaps he really does work his ass off for the company. I hate to be judgmental.
Well half of what I bought hasn't done much, and the other half pretty much turned to sh!t. One purchase though is doing OK. I was able to pick a good chunk of RXM$ about 2 weeks ago at $0.08 and it's currently trading in the 10-12 cent range. But I'm still in it to win it lol. Hopefully some of your other holdings are performing well for you too.
Yeah, I saw the Netlayer news today. Every little bit helps, no doubt. But I think the reason the news didn't move the ICLD dial much is because it's only $2M, and last year they lost that much every 2 weeks. So they need 2 new contracts like that every month just to break even.
But still it's a start. Netlayer is a good concept and all, but it will take time to gain traction to build momentum. Unfortunately though, ICLD doesn't have a lot of time on it's side at the current rate that they've been burning cash. If they can slow down the cash burn rate while concurrently signing new contracts, that would be a good start.
I just hope they're not low balling the competition just to get contracts. Because what good is a $2M contract if your costs in it after it's all said and done is $3M? That doesn't work. And by looking at last year's financials it looks like they might have had some of that going on.
Best of luck to you. Hang in there!
We both have the same kind of power.
Once again, you are confusing naked short selling and failure to delivers.
RXMD is 18 consecutive days now on the Reg SHO list. Meaning some entity or entities are clearly in violation of FINRA rules. Why let them get away with not playing by the rules?
So RXMD would be irresponsible NOT to look into that.
Pursuant to Rule 203(b)(3) of Regulation SHO and FINRA Rule 4320, a participant of a registered clearing agency (i.e., a clearing firm), that has a fail to deliver position at a registered clearing agency (i.e., National Securities Clearing Corporation) in a Threshold Security for 13 consecutive settlement days must immediately close out that fail to deliver position by purchasing shares of like kind and quantity.
Yep no doubt. It happens a lot in penny land.
Cheers!
Nice crisp finish today RXMD longs! Speaking of that, it's beerthirty where I'm at.
I beg to differ. A bug is a bug.
Interesting point.
We're all adults who know the risks at stake here so no need to feel sorry for us. But thanks for the empathy anyway and best of luck to you ;)
Great post Franken-vestor. You brought laughter to my day and for that I gave you your first follow!
I always consider intraday lows when determining all time lows.
It's all relative anyway. 5 second ticks, 1 minute ticks, 30 minute ticks, hourly ticks, daily ticks, what's the difference, it doesn't matter. Price is price regardless of the time frame.
And closing prices can often be painted red or green on a $100 trade, so closing prices don't always mean much either. For all time highs I also consider intraday highs.
Sometimes there are obvious fat finger trades making for artificial intraday highs or lows, but those are easy to spot if following the ticker closely.
I agree. I wasn't anticipating much but I did expect to see better than what they reported. It doesn't look promising at all. They're still losing money hand over fist and at an even faster rate than in 2016.
I will continue to stay on the sidelines unless I see something promising in any of their upcoming quarterly reports this year.
Intercloud has doubt about their ability to continue as a going concern. So in my opinion they could very well eventually be forced to restructure their business via BK. And if they do, they can come out OK but the common shareholders would most likely lose it all.
Took a small position in this today at .0095. First time buyer of GTHP. I figure it's been beaten up pretty severely so perhaps it can rise up some from the ashes.
I know it's a 100% gamble and I have a better chance of losing than winning. But it was either this or go to the local casino today and lose it there lol.
It's only money.
Yuck...
"we incurred a net loss attributable to common stockholders of $44.3 million and $26.5 million in the years ended December 31, 2017 and 2016, respectively."
Got worse instead of better. Kind of glad I got out when I did. Good luck to everyone holding.
The 10K is released.
Yep. No harm in dreaming ;)
Closed green today. That was nice to see for a change. RSI was getting down there.
I agree 100% John.
I will have cleared funds in my brokerage account tomorrow so I'll be adding shares too. I added to my position on April 4th @ $0.08/sh. Hope to get some below 10 cents tomorrow!
After today RXMD will be 17 days on the the Reg SHO list. Something is bound to happen. And I think it will be in the long's favor!
Karma.
Oh what a web we weave!
Look, failure to deliver borrowed shares means the shorter never took position of shares to short in the first place. It's illegal market manipulation. No, shorting a stock isn't illegal, but failing to deliver borrowed shares after 13 days on the Reg SHO is!
It's illegal because it creates an endless supply of shares to be shorted even when in reality there are very few available.
You my friend are confusing 100% legal shorting of a a stock, with 100% illegal failure to delivers!
RXMD taking action against the Reg SHO FINRA violation is a very prudent step on their part. And it's the right thing for them to do.
If someone broke into your house and robbed you, would you not call the cops to report the crime?
I beg to differ. Back to $0.20. In my opinion this sees $2/sh before it ever sees $0.02/sh. Feel free to mark this post and save for future reference.
I just received this update from the transfer agent 5 minutes ago:
As of 4/17/18, the OS reflects 884,322,039.
Melissa Tampubolon
Corporate Stock Transfer, Inc.
3200 Cherry Creek Dr. South, Suite 430
Denver, CO. 80209
Phone: (303) 282-4800 | Fax: (303) 282-5800
There is nothing wrong with shorting a stock. Some people take long positions others take short positions. It's what helps to make a market and keep stock prices in check.
What I DO have a problem with is "naked" short selling and failure to deliver shares. That's outright theft if the shares borrowed were never available to be borrowed in the first place.
So if the hedge fund or whatever is failing to deliver shares they borrowed, chances are there were none available to be borrowed and most likely never took possession of them in the first place. That's 100% illegal and 100% market manipulation.
Thanks man. Yep it sucks when the hearing goes.
Yeah it's a real bummer. When i saw the Amazon news I was seeing dollar signs for RXMD. But it appears it was just a mirage.
I like your target better than the Spider's.
Well it seems all the markets and commodities were up today except for oil, currencies, and RXMD.
I don't! My funds won't be available for buying more of this until Wednesday. I would love for the shorts to take this down to 2 cents by then so I can really load the boat. After that, then 20 cents per share will be nice lol!
Yeah it doesn't mean much. Failure to deliver Reg SHO positions are supposed to be immediately closed out after 13 consecutive trading days. But here we are at day 15 or 16 now and nada. It doesn't seem FINRA enforces that rule.
Patience has been killing me though lately. Unrealized killing that is.