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Past gains are not indicative of future gains. That is the first thing people should learn when investing. Smart people don't get greedy.
Process perfection? These guys are not Toyota.
Facility expansion? Hasn't even started, still all talk.
Progress, progress, progress. From sub-penny until February 2016, I would said this is true. However, there has been relatively no progress since then. People will say, revenue growth revenue growth, but in reality on a month to month basis, every single bit of news is the same. "Revenues increased this month (quarter) over the same month (quarter) last year." That is just a trick of word play to make it sound good. They got better last fall-ish and then have not progressed any further.
If I am selling redbull and last year had 10 customers who buy 10 a piece, I was selling 100 cans. Good news just came in, I gained 5 more customers. Starting now (Jan for example) I will be selling 150 cans every singly month. So for ever month for the next year I will say, "Look this month I sold more than the same month last year." The problem is I have been stagnant for a year at 150 cans not getting better. What's more IS - my share price FULLY took into account that I would be selling 150 a month as SOON as news broke on my 5 new customers. Come September and I am still selling 150 cans, investors are going to start wondering what the hell I have been doing for 9 months not getting even more customers. My investors would be much happier if I was saying something like this every month: "I gained 2 new customers and have increased sales by 20 cans since LAST MONTH."
I believe the issue with the PPS right now is due to investors who made their return, are happy with it, seeing that progress has slowed and beginning to rely on more fluff PR with weird wording, and saying you know I am happy with what I have made here, time to move to the next play. This is along with the cruddy financing deal they just made recently that makes NO SENSE. Will not be able to pay it off and will result in minor dilution.
Those who think $.50 will come conservatively and those who are pleased with the past so many months are either lying or know nothing about money management.
They may also be teasing or exaggerating. Up in the air on this one.
I was just referring to what the CEO of the COMPANY already stated in JUNE 2016.
They already fumbled the acquisition possibilities that they either did or did not have lined up to achieve this.
Maybe it should be stated more clearly then. Just so people don't get the wrong idea you know.
How on earth did you get a hold of my tax returns? Very impressive, but please don't tell anybody.
This is true. And they definitely do not MARRY them!
This is only true if you look at it in the "perfect" way.
They are breaking records from the same month from 12 months ago. People will read this and think they break a new record each and every month. Not necessarily true.
Please prove to everyone that they are achieving ALL of their 2016 goals.
This is very false.
Example: One goal for 2016 = obtaining licenses in all 50 states. Not happening and Mars even said so.
This is flawed. There is ALWAYS more Up-side potential in investing.
It is possible to earn 1000% upside.
Unless using leverage, it is ONLY possible to lose 100% downside.
What is more likely though?
Speculating that they will make tons of money due to the robot or speculating that they will take part in a merger or acquisition does NOT = Fact either.
Some may argue that speculating on the negatives is more profitable than wishfully speculating on the positives as well.
The CC didn't do anything for a smart investor. Saying the same things for months. Revs better compared to last year. No news on possible acquisitions.
Oh, they did say the didn't need anymore financing because of their positive cash flow to fund any additional projects or whatever, BUT we have heard that before (2.5 months ago actually).
They are most likely waiting for the next rise based on "others" so that they can get out at the best time. But what do I know?
No matter what anyone says, that call didn't do anything to change the trajectory of the PPS. The current PPS already takes into account these revenues being better than last year: it is expected now. You can't just keep saying revenues are better now than last year at this time month after month because it is already factored into the price.
With that being said, they have done nothing or said anything that changes the current outlook on the company, thus the PPS will remain the same barring any changes.
Nothing new. Just sharing the same things that have been said all year. Revenues are gaining over last year's revenues. None of us are arguing that they are gaining more revenues this year. To keep painting it as over the same time period last year is losing its luster. Month to month gains are much more potent around here. Robot, still waiting. Licenses, less than 10/50. Dangerously forecasting future revenue growth as for sure thing.
"We don't need any additional financing due to our positive cash flow." They took this right out of the June conferences playbook. Two months later, they obtained financing for a build-out that they promised not needing financing for. Be careful with your money. This is a month to month trade at best. Holding blindly for long period of time could get you hurt. Notice I said COULD, not would/will. Invest with scrutiny.
OH, and by the way, can still get in cheap this week it looks like.
You all just got roped in even more. They can literally say anything they want to say. They don't need financing or dilution? Didn't they say that exact thing at the conferences in June?
Seeing new faces. Seeing some denial. Seeing interest poof into thin air. Sucks for those that did not get out while they were still ahead. .10 would have been amazing and it seems like yesterday that it was 100% happening. Things can change quick.
Who doesn't like some dividends? That will be impressive down the road.
Nice close. Wasn't expecting that. GLTA tomorrow and next week.
I prefer an honest slow and steady climb to the top over a pump jumper any day. We will see what happens but everything is right so far from what I am seeing.
Time is on our side here...
Step by step, good decisions after good decisions. Corner may be long, but the corner is there nonetheless.
Can't fault a guy throwing a party and needing a rack of Budweiser. Wellll, maybe you can. But at least there are more smart people than dumb that know big money is right around the corner.
Well that was a nice little sell. Guess someone doesn't want to make the big bucks.
24780
Most important resource on Earth = Water
President that has experience in real estate.
Baja area offers vast lands of untapped and untamed resources, for good value.
Combine all these, put together a crafty plan to make return for the company. With the right people in place, this will be extremely lucrative.
Made good decisions about share structure and financing.
Compliant
Interest here is on the rise. Very good possibility of opening the flood gates. Value here is exponential.
We shall see.
I appreciate having a legitimate CEO here. Previous success is a huge plus.
Everyone seems to have left here. Taken the money and on to the next one.
This thing really could have been in the 7's or 8's and holding strong. If and only if.
found the post you were referring to. thanks
Good write up on conversation. Thanks.
Thanks, good read.
No worries, thanks.
25046 didn't give me much? There another one to look at?
What are we looking for here over the next 6-8 months?
I'm in soon. Everything looking good here.
All of the recent news could be twisted to "good" news but in reality, what you are seeing is people reading the pr's and going, "well that doesn't make me feel comfortable" or "hmm, that is slightly ambiguous" or "yeah, well I think I will just take all of my profits and go find the next play". You were right earlier, nobody here will admit this because they are just holding on for the lottery money at all costs at this point.
This thing plateaued in a big way. Management knows it. Outsiders know it. Smart investors know it. It will take something big to catch stride again. Something big and surprising. Problem is, you can't expect surprises.
What is needed is the robot build-out beginning. Until there is 100% proof that this project is fact, they keep stringing it out. The permit was supposed to be completely finalized by the EOW last week. Until then, it seems like PR's have been slight fluff. Hope I'm wrong.
Saw your question the other day but was unable to respond.
I am not sure what it is to be honest. There are a few possibilities, and I think these possibilities are causing people to just become cautious. This has gone from a home run, retirement type stock without questions, to a stock with a few questions. Everything is a possibility now. Could wind up still be a very strong company and I hope it is. If so, they may want to introduce some new management though. They haven't handled their position very well the past couple months. Minor goof ups have caused investors to become cautious.
This is lower than I thought it would ever go. Should definitely start rising here again at some point.
Questions I would like a long to answer (legitimate questions that I believe deserve fair assessment):
When it comes to the financing RXMD recently went through, how come they are saying this has been initiated to pay for the robot build-out? At the conferences in June, they stated that they do not need financing and that they had enough capital to pay for this on their own. Why has this position changed? Someone please explain in a fair manner.
When it comes to acquisitions and the claims I have made regarding the discrepancies in information, why has nobody spoken with Armen to confirm whether or not other acquisitions from the conference are still on the table? If I was a good long, this is something that I would have wanted answered right away, but instead anger was imposed on the messenger. Also, why has nobody called to have Armen confirm as to why they once stated they wanted acquisitions for all 50 licenses and then backpedaled into saying that's not been the case? Again the messenger was killed on this one as well. If someone has called him, then why has this not been reported back?
Why have I seen people make statements about the robot permit being done, when it is not completely ready to go yet.....Management said it would be done by EOW last week. They then said last week that it would be done by EOW this week. Can't someone here humbly admit that this is honestly kind of weird how long it is taking?
Seriously, I am not trying to tell people to run away with this post, but can't someone (even if you really like RXMD) admit that these few things have been slightly weird?
Dilution: paying MIDAM partially in shares
Dilution: paying CVP in shares
Final Verdict: Dilution = Fact
You all better hope this robot thing gets figured out ASAP!
Two weeks ago, they said by EOM they would begin build-out.
Only update we received is "almost there everybody, any day now, just right around the corner"
If a couple more weeks go by and they haven't begun the build-out, the short has already started.
I think it's funny how everyone busts me up for calling things the way I see them and sure enough things are beginning to happen just as I predicted. Others are starting to see it. What's sad is all these people here throwing money around and some $1500.00 chump comes in and learns everybody a thing or two. That's a gut punch, ouch.
Regardless, I am back in for $200.00 baby!
CHOOO CHOOOOOOOOOO
Bring Papa the GRAVY!!!
C'Mon RXMD
This stock is great! Can't believe I found it. Just bought a brand new electric weed-eater, financed COMPLETELY from RXMD ROI. Thanks RXMD! Now my Honey Bee is so happy with me. Can't thank you enough. If you ask me, need not look further, it's the one and only R X M D!