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Damn market makers and their naked shorting
I blame the market makers and their naked shorting for this being continually in the red.
Does anyone else blame the market makers and their naked shorting for this thing not rallying higher? I mean every time they naked short they are literally creating shares out of thin air. Its like a form of dilution.
Yes!
I bet this will gap up big tomorrow on the news. When Morgan Stanley is interested, it gets real. Already up 25 cents in the after market! $50 a share here we come!
We are like $1 away from the 52 week low, and like $435 away from the 52 week high. I don't see this going much lower. If anything, this gaps up to $10 and then runs from there. Don't get discouraged when you see it heading lower. I believe we are at the cusp of another great run.
Shorting a stock at $5 a share that recently came from $100 a couple weeks ago is not very wise IMO.
All I know is that the shorts are going to get crushed.
All I know is that the shorts are going to get crushed.
If the float is only a million shares, how are we trading this much volume? Unless there has been significant dilution?
We are at the beginning of a huge run. i just know it. We will see $50 a share again. The 52 week high is $435. We are at the bottom range of an oversold stock. $$50, $75, and $100 are all in play.
I saw on CNBC today that this is TD Ameritrades most active stock for retail investors.
Agreed.
That last run was insane! $75 per share in what... 4 trading days? I think it even touched $100 per share at one point. Absolutely nuts.
Does anyone else see this stock easily hitting $50 per share in the next couple months? This stock is so volatile I think we will see a major run very soon. Get your limits ready... This stock is going to da moon!!!!
Long 525 shares... Limit at $50 to sell... Let's do this!!!!
Filled at .0020
There are absolutely no fundamentals to make this stock run.
I will say though with the low float anything is possible. One big announcement could push us into penny land.
We will see. But with this light volume I ser the MM's walking this down to .02 very soon.
You're right. We could see 5 cents if we just had a couple million shares imbalance to the buy side tomorrow.
But I don't think that will happen. Some of the market makers are short this stock, and they will keep walking it down with this light volume.
I think this trades down to .02 by the end of the year and possibly .01 by early 2017. I could be wrong, though. But if you're like me you will just keep averaging down your position as the price drops. I see this stock hitting $1 per share in a couple of years, and unlike other pinkies this stock has a real chance of going public on the NASDAQ.
I'm just going to keep buying more no matter what. Price goes up, buy. Price goes down, buy. This is not a stock for short term scalpers, this is a stock for long term investors.
I'm slapping the ask on Monday!!!! Taking out the .0003's
RXMD is going much higher long term. Patience is the key. Just look at right now as a fantastic opportunity to load up at these low levels.You will probably never have this opportunity again. That's why averaging down your position which means buying more as the price drops is the best way to go.
Progressive Care: Conference Call Recap
MIAMI, FL--(Marketwired - November 22, 2016) - Progressive Care Inc. (OTC PINK: RXMD), through its subsidiary Pharmco LLC, a South Florida health services organization and provider of prescription pharmaceuticals specializing in health practice risk management, compounded medications, the sale of anti-retroviral medications and related medication therapy management, and the supply of prescription medications to long term care facilities, recaps the Third Quarter Results Conference Call.
On Monday, November 21, 2016, the Company reported the results from the third quarter of 2016. To recap some of the highlights from the call:
The Company reported better than expected results with positive cash flows, positive earnings through the first nine months of 2016 and accelerated revenue growth.
The Company reported increasing demand for its specialized services due to the Company's expertise in the complicated healthcare industry.
The Company announced receiving a non-resident state pharmacy license from Colorado effective November 11, 2016.
The Company announced the ScriptPro Automation System has been installed in the recently built-out warehouse space and is fully operational.
The Company spoke about a new operating business, Smart Medical Alliance, which is currently delivering management services to healthcare organizations in South Florida. Smart Medical is expected to become profitable in the next three-six months.
The Company discussed short and long terms plans for uplisting from the OTC PINK:
Perform an Audit of the 2016 Annual Report
Uplist within OTC Markets AND/OR Uplist through an M&A Transaction to NASDAQ by 2018.
If you missed any of the information presented, a link to the Conference Call Archive will be available at www.progressivecareus.com/investor.
The Company will issue October 2016 results on Monday, November 28, 2016.
Common Shares Issued and Outstanding:
As of November 22, 2016 the number of shares of common stock issued and outstanding stood at 341,107,607 shares. This amount is net of the number of shares owned by PharmCo, LLC of 1,718,000.
If this does get pumped we could see double digit pennies in no time. That's the beauty of low float stocks. However, I'm still concerned that there might be a reverse split, but i think it's worth the risk.
If the ask isn't big I'll take it out at .0003 next week when my money settles. Sometimes the ask is as small as 300k shares!
Well then. Looks like Ken is in desperate need of a pump and will likely pump this so he can issue/sell more shares.
Something else I noticed is that there is only 363k on the ask. Very thin so theoretically we could see pennies with just one piece of news. However I feel that because of the thin float the bid/ask spread would be wide.
The only positive thing I see about this company is the low share structure with a float of only 100 million. This thing could easily run on news just because of that. However, there is always the possibility of a reverse split, considering this company has no assets, no revenue, no net profit and a mountain of liabilities. Or, they could pump this and we could all make a few bucks.
I have a feeling that Ken is gonna pump and dump this soon. Can't wait. Pretty sure the 10k is coming due.
Last time we saw a 400% increase when he made the announcement about the $11 million in revenue. If he mentions anything about how they found gold this time we could see double digit pennies in no time.
It's important to remember that most investors don't realize this is a scam. I can picture the headline: "Kat Exploration Announces Positive Results From Gold Mining Project." Investors would go absolutely mad. That's why all you guys saying "it's over" and "there's no hope" clearly don't see the bigger picture. Ken has pumped this in the past, he'll do it again. Only this time I feel as though it's going to be much bigger.
It also doesn't make sense how we had that 30k volume spike at .0010. Sure it was insignificant, but how is there any volume at all at this point?
How is there volume if we are under a chill? Market makers maybe?
Guys, I just tried calling Mondial and it directed me to a survey. I tried emailing them but the email doesn't work.
If Dennis ever wants to get this company off the ground, he's got some serious work to do. I just feel like he has moved on but maybe someday he will take this company seriously again and we will see $5 per share. Anything is possible. I'm not giving up hope especially after that news piece. We could get bought out, or Dennis might put some serious work into this company. Either way, I do believe in miracles and I believe we might be in store for one in the long run. The bible says to believe, for all things are possible to he who believes. I believe something will happen, something very positive. Don't give up hope!
You will all see this stock hit double digit pennies one day. There is no doubt in my mind that this stock will make me a millionaire and my friend who is invested very rich as well.
People who bash this stock now will have wished they would have been buying once Ken and his team get a press release out telling the world how much gold they found, even if it is a pump and dump.
Then the sky is the limit. I know I'm right and I know I will make at least a couple million off this stock.
There won't be a reverse split. There will be a press release of some kind where Ken will manipulate the price higher with lies.
Maybe they will find some "gold". Just enough to entice investors to dump millions into the stock before Kenny and myself dump all of our shares.
He's done it in the past. He'll do it again. Don't think a reverse split is coming down the line because I am here to tell you that it is not going to happen.
Damn I got excited when I saw an extra $12k in my account lol
So what's going on with MNVN?
Why did it rally 900% today?
Is something finally happening or is it just my imagination?
Press conference. I can feel it in the air.
I would just like to get my $1200 back lol
I believe in the future something may happen, but right now I just want my money back.
That $1200 would be nice... to bad there is zero volume.