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This stock has a good group of longs too tho that have gotten it this far and that is why we won't sink, too many of us legit long term investors, many of whom are averaged far below this...
Ya I don't have much just what I could scrap together, but you really start to get bang for your buck down here... .0029 to .0034 is like 15%
Is it irony that with product, plan, and cash in hand this company is becoming less and less valuable? I think not. Sell now and shoot yourself in the foot. Once selling is done we go right back up. IMO.
If anything the company selling shares just makes a really good buying opportunity... bounce play anyone?
O yay I got filled.... mmmmm cheapies....
Dilution is just a part of stocks. It takes money to make money, by buying and holding RFMK you are sponsoring them to grow the company and then the PPS will reflect that, it doesn't just happen overnight(unless your just very very lucky). The best way to make money in the stock market is to just buy and hold companies with real growth potential. I am buying RFMK because I feel that they are an undervalued stock, in a hot growing sector, headed in the right direction and continue to make steps forward... Like the stock is being used for the purpose it should be, to fund the company and continue growth. Likewise in no way is it a betrayal of RFMK shareholders in doing so.... HOW DARE YOU TRY TO IMPROVE THIS COMPANY!
MHO
I mean personally I am waiting to see if I can get some really cheap ones... at a point people will catch on to the fact that these rates of return you get down here are too big to ignore... the risk is outweighed by the reward...
Dang... what was the market cap then?
Anyone that bought today got an awesome buy...
Not that I don't see the appeal of the flip trade here... but I would much rather see .01+ and really clean up when people start to get greedy $$$... So you've been here since pre-split... what did you originally get in at?
Wow awesome buy! I was going to buy more on Friday but it didn't work out like that... Then I slept to late today so hopefully tomorrow I will pick up some real nice cheeapies, like these shares should get sucked up so fast, simply because this is where the really big rates of return start to show up... i mean between .0030 and .0045 that's a solid 50%... and then if it does hit a penny your already close to trips...
Go RFMK
Great post man, it's always darkest before the dawn, I think before april is through we will be happy with our positions, but may have to ride a little hardship in the interim.
If anyone wants to look on the bright side...
silver lining: What company would be foolish enough to line their own pockets with shareholder money and then audit themselves...? Whatever the dilution went towards it will be for the betterment of the company, although some may try to lead you to believe differently...
Yes sir, I'm still here and will be for the long haul Rome wasn't built in a day. Need to keep momentum and strike while the iron is hot, I would prefer dilution and getting sh** done then the company resting on it's laurels waiting for funding/whatever.
Seems to me it isn't the longs drinking kool aid in this room...
i like how meathead said 12 units and that got ran with all night lmao, was really hoping this would get knocked down more so more today so i could by some cheapies, grrr dang it tom just have to go and try and make our company legit... darn it....
my buddy gave me some money and asked me to invest it, plus got some chedder from my tax return.
hmmm i wonder what i should buy...
I really want to invest in company with a ton of growth potential in hot sector, preferably one with a product in the market place, and a CEO that runs it like a b00ss... that's double o on purpose... i have a new conspiracy theory, Tom is a secret agent! 00boss. Or b00ss if you prefer :)
Well anyway, good morning to ya all, im waking up on a random couch and you will here more from me after i hit the bank and make it home...
Just wanted to spread some T.G.I.F. cheer! :D
Go RFMK KFG!
Well last post for the day but I talked about this a couple days ago...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74245887
A guy writing a review about a product being a scam before it is even out on the market and proceeds to make a 4 page thread about it... should throw up some red flags, he also tries to use really dated information when there is much more current info and pics available... and to have that pic he would have to of been hanging around these boards... you have to really question what motives he could have to work so hard to discredit something that wasn't even out at the time... and then to just be blatantly wrong in his accusations...
Perhaps your right, I was using that number, because in the update they said they would continue with the manufactures 500 units minimum until they received funding and could move to larger production runs...
Please tell me how things are unraveling? By having a product in the marketplace? Or are you going to say by not having funding secured? In order for things to unravel they need to be raveled in the first place, this is a fledgling company, but please show me where the pieces are falling off? Please rip this "scam" wide open... you have been trying for weeks now, or did you take yesterday off to come up with new material? Either way this is a company making steps towards real growth, and if the only point you can make is that this company doesn't have all the pieces in place I would agree with you... it is being built as we speak... but that's why we are in the pink sheets and why this company is valued at under a penny at the moment. But that will rapidly change imo
And I predicted you would be back to tell us all how big a scam this is. I guess we were both right, want a cookie?
1. TA has been contacted almost daily here with no change.
2. Tom has already stated they don't plan to dilute anymore.
3. You were just here yesterday asking what the f was going on so don't act like you know now.
4. Any of the real longs around here, will agree that VFIN is what the dilution seems to go through.
5. The 50gs in sales they made from the first run of 500 will be more than enough to do another run of 500 probably more...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44864385
Don't agree with the first part about seeing NITE and not having manipulation, but maybe that will be helpful to you in setting things straight...
I posted these yesterday but just think they are cool to look at because they are so terribly similar.
Our chart from a year ago vs. 3 month chart from yesterday...
Year ago:
Last 3 months:
Like you can tell the same kind of manipulation was occurring in a very similar scenario, a break out started, was shorted down and then shaken out for about a month before news caused shorts to cover and we popped to a penny.
But seeing this makes me wonder if NITE is just running an algorithm, like a pop occurs so the algorithm says short to see if there is any actual bases for an increase in pps? Then when investors/pps holds and new buying pressure comes it covers?
Alright i'm done for now, gonna grab some lunch and work out, probably be back on later. PEACE!
Yes I agree, the wall is simply for the purposes of a deterrent to try and keep it below 4s for right now just in case somebody wants to drop some cheap shares, if the pattern holds end of the day we should see the ask creep back up and nite sitting on it with less than 100k asking for it to get smacked...
Haha well I say we make things interesting and start betting on short volume % for the day... I'm gonna go high and say 72% short volume... It's funny because they did such a good job of shaking it down, but some lucky bastard skeeped in and snagged 500k for real cheap, I bet Nite didn't like that, looks like he only made out with 300k haha... and now there goes a nice cover taking us back to 4s....
zzzzz how predictable...
Hold on tight, just a shake out trying to trigger some stop losses...
Nite has his own cash of shares as he is the MM,... Sif you have been around long enough to know that shorting is an essential force in the markets, and without it many stocks would run rampant creating huge bubbles that would eventually pop and cause major crashes... Shorting helps prevent this. Do you honestly believe they would put a stock like RFMK in a position where nobody could short it? That's ludicrous.
Here are some excepts:
By enlarging negotiation of a stock to sellers who do not hold it, short-selling improves that stock’s liquidity, which in turn eases hedging. It is an essential part of the price discovery mechanism and is one of the market maker’s instruments.
More serious still is the so-called short and distort practice which is to sell a stock short and then influence the market downward by spreading negative rumors, launching a lawsuit, or requesting the regulator to make an audit of a targeted company; such an initiative, whether the root causes invoked are grounded or not, can be enough to draw downward the price of a stock, at least temporarily, and allow the short-seller to make a profit.[18]
http://en.wikipedia.org/wiki/Short_%28finance%29
Some good info on short selling here too:
http://www.tradingstocksguide.com/investing-stocks/short-selling.php
How a short squeeze works:
Imagine you shorted the stock at $15 and you saw the price running to $20 then $25 and beyond. What did you do? If you didn’t have a stop loss order in place, you started to panic. You realized you couldn’t withstand a loss much larger than the stock hitting $30 (your broker will insist you deposit more cash in your account to cover the paper loss or force you to cover your short right away – a "short" margin call).
So you called your broker or went online and told the broker to "cover" your position – buy back the stock – at the market price. Problem is, hundreds of other geniuses had the same idea at the same time. Pour that fuel on a fire that daytraders already started and you have LIFTOFF. Everyone is buying at any price they can get. Seventy bucks for a stock that was only $5 a few days before.
Houston, we have a problem.
That’s what they call a "short squeeze." Believe me, you don’t want to be on the wrong end of one. You can lose a lot of money in a hurry just because you were sure the company was rotten and had to collapse eventually.
And here is a nice little article involving our dear friend NITE: maybe they have a little too much leniency eh?
http://www.bloomberg.com/news/2010-09-27/knight-capital-urges-short-selling-leniency-for-u-s-stock-market-makers.html
That's Tom at his finest, a year ago you would google RFMK and you might get two links, now you google RFMK and you get 40+ pages and any news we've had; released by every single online news media outlet...
I just called tabu, they said they had 7 left...
Last post for today, everyone have a great night, good luck and KFG those RFMK shares.
Curious, I thought you were a know it all who had done all his dd?
The first run was 500 units, I'm assuming most of which went to OHM maybe 400? and I would say 100 to tabu? OHM is sold out Tabu is nearly sold out, so almost 500 in 3 days, that's with just 2 shops selling it and no online sales. So i think we can say its safe to assume that once more pieces are in places 500 units a week, is very very reasonable... but just saying 500 units a week x 100 bucks a pop x 48 weeks in a year... $2,400,000 in sales... anyone want to check that math? If we want to get crazy we could say 10,000 a month...x100x12= $120,000,000... lol... Bottom line we should be valued at way more than our paltry 3 mil market cap...
I would say go buy one and see for yourself but they are sold out... but that may say a lot within itself...
And no patent yet but the CEO confirmed he planned to file for one, but right now he is working on securing a long term funding deal to pay for both the patent and additional larger runs...
Not to mention this is the only stock you can buy that has one...
Does this help?
I think it's just a pretty classic shake out... they will give up eventually, might of already... judging by the lack of yelling around here... Although I'm more inclined to believe they are gathering forces and we will get hit really hard one more time, so steel yourselves! They are merely trying to catch us off guard? But everyday we draw closer to the day we wake up with majorly green accounts...
It's part of NITE's job really, we yell all this about a short conspiracy, but really it's NITE consolidating, by shorting it down they shake out weak hands, it is doing it's job to try and ensure that when we do run it will be sustained run that will find new support, not just get sold out on flip traders or unsure hands... by putting us through the wring it ensures we are true longs and the real investors who deserve to profit. Look at the chart I just put up of last year compared to this year... you'll see.
Now if maybe they over did it and are now in trouble that's a completely different story...
By the power of thor! Hammers to fly us to the moon!
haha learn something new every day, thanks
but like is budder just weed butter? Do you think you would be ok making your own, or is it not that cut and dry?
Well at least budder is something you can smoke out of it... right?
I may be way off base and this has probably been addressed already, but what would happen if I made my own butter and stuck it in there?
I just wished I had some funds, I have been completely in since january, and like honestly these are such cheap shares whomever actually gets some will be very happy in the long run...
Like I have even thought about selling some to help give this puppy some pushes when she needs it, but I just know if I sell any we will run right after and I will want to shoot myself.
Or their boss decided it was a waste of money as they were accomplishing zero, I mean heck in the run of things they drummed up more attention for RFMK then we did, without them we are at barely 100 posts for the day... I'm not sure if it was recs review that shut them up or maybe being sold out... but the air feels different, something is brewing...