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Lowest Close Since Aug 10.. HoHoHo!
Bingo Again.. RXMD = Dilution Pollution!
Bingo!
RXMD capitalization is already below $3M and recording the liability. From recent 10Q..
"On July 22, 2016, the Company recorded a derivative liability in the amount of $80,696. For the period ended September 30, 2016, the Company recorded a Change in Fair Value of the Derivative Liability in the amount of $41,354 with a Derivative Liability on the Balance Sheet at September 30, 2016 of $122,050."
A Penny's a Coming!
Its a Beautiful Thing.. was I right or was I spot on? LOL!
That's 150K shares..
I don't hang out much here in pennyland, but stubbornly holding my short on RXMD until its back to a penny again.
RXMD is Progressive Dilution..
She's primed all right.. for a Breakdown!
Dilution Progressing Nicely, they won't be able to hold the .03s much longer though.. Not covering until I see a Penny!
The e-wave abc is targeting the .023 lows.. if that fails then a penny.
RXMD will drop below $0.023
RXMD..Progressing nicely on Dilution!
RXMD gotta pay da bills wit yo shares.. HoHoHo!
With price contractions, big Pharma can compete but it will blow out the little guys like Progressive Dilution here..
Competition is only good for consumers..
I can short any stock where shares are available..
Wide awake, short, and waiting for the Trumpet of Justice to hit Obamacare and all the greedy little Pharmas..Ho!Ho!Ho!
Trump will definitely be bruising Pharma profits..Lol!
Armen, eh? He's the one who got his FINRA license revoked for life due to dishonest dealings in securities.. yeah, nice guy - LOL!
PROGRESSIVE DILUTION.. HO! HO! HO!
RXMD has an ongoing history of selling stock to pay bills, also recent toxic financing. Then there's the 'good' news, they sold stock for all their marketing toots, and their numbers are un-audited. Management is compromised, Armen lost his FINRA license for life due to shady deals. I could go on and on.. I always short this stock when it goes over a nickel.
You got it.. PROGRESSIVE DILUTION, LOLOL!
NEW CORP NAME-PROGRESSIVE DILUTION INC..LOL!
PROGRESSIVE DILUTION IN ACTION..
RXMD Below Both 50 & 200 DMA..MACD, Stoch, RSI all Headed Down!
http://stockcharts.com/h-sc/ui?s=RXMD&p=D&yr=0&mn=9&dy=0&id=p36781565070
Seems key people managing RXMD have been involved in Boiler Rm pennystock fraud.. from their attorney Jeffrey Klein now under indictment to their controlling Mgr Armen karapetyan..
https://www.justice.gov/archive/usao/nyw/2012/TwelveCharged.pdf
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125341475
In fact that was how Pharmco LLC came into existence. Just input Armen Karapetyan into the Name field and read about this character. He was stripped of his license for life from FINRA..
http://disciplinaryactions.finra.org/Search/Search
Investors BEWARE!
Rule #1: Never invest in a Pennystock.. Rule #2: See Rule #1.
Remember RXMD management Armen Karapetyan is a dis-barred member of Finra, and the company has a history of diluting shareholders for cash to pay the bills.
Neked shorting is Dilution.. No borrowed shares involved. All penny stock financiers do it to protect their investment. They run the pps down so they can cover at nothing, even buy (steal) the company for peanuts.
RXMD has a toxic financing situation wherein the financier is neked shorting the stock. This is why with all the good news, RXMD can't move up. This shorting will eventually over-power the stock to the downside as investors sell off looking for returns..
No cigar Wangenstein..
Dilution Progressing at Progressive Dilution!
RXMD chart is screaming SELLLLLLLLL!
I shorted both times RXMD got over a nickel and am still short because of the toxic financing. She's going lower.. trader to trader.
You missed your opp to sell over a nickel then..
Should've waited.. gonna get lots cheaper!
Hi Guys, Love the Dump Today..Classic!
Lenders with neked shorts don't show up on the list cause its technically illegal. They get around SHO by using fake buys they short into..
RXMD has Toxic Financing and is being Neked Shorted by Investor.. Stock won't break out for another year at best, at worst it goes back to a penny.