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.
Really makes it a no brainer play doesn't it?
Hard to imagine anyone at this point believes Chicago will take the shares @ .05 ... Far more likely that this will dip below the $3M M/C just as the filings have prophesied
Forgone conclusion now the bear volume on the weekly is an increase
On the daily did you see the OBV? ... gone limp .. mirror image of the erect ADX
Wonder if we see another pacifying PR after hours today for a gap down Monday
Wonder how many NITE is hiding in the iceberg orders?
Will we see .02 again?
Problem with this ticker at this point is even a bounce to low .02's is guaranteed to be sold off as the chart clearly still in jumping ship mode ... new low today ...next support .0149 .. possibly up a bit first but too many want to get out for it to amount to much
Do Nothing???
Fight, Flight or hold the Light!
If your long it's better to get out of the way now ... no?
Let the Big Dog eat!
Do you think we will see .015 or less today? ..like maybe by noon? or earlier?
Good Morning ..I love FRYdays too
I have a feeling today will be a very good day here at $RXMD .. most definitely gaining momentum now in this lower range should see a lower low on the day/week
Have to admit I expected below .02 would waterfall faster but I am a patient man and Frydays by far my favorite day of the week
You keep drinking that company kool aid young grasshopper
Do you have a link or any evidence the "Audit is going to be smooth and ahead of schedule."?
They rarely go that way
'Reviewed' and signing their name on it is 2 different animals .. first will be the delay, then they will dismiss the auditor and search for a new one
Much like the Midam fiasco, this will drag on for months until the pps drifts to the .004-5 area
Seems I've touched a nerve with you ...check your emotions at the door and follow the trend and you will be ok
Even if it does get done on time (odds are pretty good it won't) I can still cling to the hope the audit will reveal a touch of dirty laundry aka 'changes to accounting practices'
Can't tell you how many times the same story unfolds on pink sheet tickers ... and yes as shocking as it is even the ones that have revs
Risk vs. Reward - history on my side .. a binary event as risky as an audit always favors shorts imo
What could possibly be the best outcome for longs? .. Ms. Mars had forgotten some revenue in the glove box of her Volkswagen??
Even if the audit is just as the books have already revealed there is a good chance it will be a yawner and another sell the news event when you see the selling pressure that is the here and now
Boy you have been snuuuupoled .. what happens when the audit is late?
I like the odds and I am GREEN in my position here in RXMD .. wouldn't have it any other way
Don't you folks in here know how to use stops???
Stay on the right side of all your trades and best wishes & luck
...but hope is really not a very good strategy with any stock much less a stinky pinky
Wait for a reversal .. you may miss a few points but this chart is certainly not a buy until it can perk upward and at least regain the 10 DMA @ .022
Not very likely considering news attempts have been exhausted and done nothing to date ... and you have well over the 30 Day Volume sitting on the ask under .02
I think you meant to say "purported illegal dumping"
Certainly nothing is definitive we have not heard Midam's response
The court taking no action and sending this to mediation strongly suggests to me RXMD's accusations are without merit
It is a snow screen imo as it was likely shares from the treasury slamming the bid to get the A/S closer to maxed, setting up for the eventual R/S after Chicago gets their .008 or less shares as per filings .. we'll know more later in the year
No sir I work for no one but myself and nice and green on my short here I might add ...
The increased bear volume yesterday not to mention heavy L2 today signify to me that short is still very much the correct position
I'm not exactly bashing just pointing out a few flaws the bag holding longs like to spin as they cling to hope
Yes we have touched on that subject here .. after all it is how all these stories end shortly after the inevitable capitulation there is no choice but to do so when the market turns it's back and no buyers are left
Of course it will be to 'up list' & attract 'institutional investors' but we all know it is to hit reset and stack up the treasury to sell more shares in stinky pinky land
All this old news your posting has done nothing for your cause the day it came out how is it going to help now?.. pps in solid decline no sign of reversal even with news
Keep up the good work everyday we get closer to the bottom .. likely .004 -5
This is NOT coiling .. it is falling day after day
Coiling is when price is reaching an equilibrium lower highs higher lows until it pops one way or the other
Your coil sprung to the downside in November here
The more you know...
Let's keep it real here my uncle's neighbor's step son is an attorney too
If Midam was out of step arbitration would not be just as it is a mechanism to reach a compromise
If there was truly a breach it would have proceeded in court as charged ... not a rocket scientist but I know that much
Man I don't know what to tell you anymore...
THEY KNOW THEIR GAME
Honestly I wasn't going to take it here ... but don't you think RXMD management was aware of this clause before their feeble shoot from the hip attempt to get in to court?? I would allege it was a song and dance all in the name of attempting to save face with the sheepholders
It's either embarrassing or it was a forgone conclusion what the outcome was going to be .. I lean toward the latter, but speaking the truth, the former applies any and all the time with this management as well
Just know and trade pinks for many years and read between the lines in filings for clues ..
Very rare for an OTC let alone a pink to not dilute the stock to it's death and until the dreaded R/S
Many of them do it over and over and the only business they are in is that of selling shares
Not saying that is the case here but the down trend is real and at this point a run away train that will only stop once it comes right off the rails
Exactly! The whole thing is a set up!
I think you are on to something
FYI These in these type of dealings the offenders are quite happy to pay a slap on the wrist fine and perhaps minor retribution otherwise and still come out of the 'debacle' smelling exactly like 'roses and honey'
It is how pink sheets operate .. even with revenue and growth and blah blah blah
Shocking hey?
I beg to differ ... the whole "let's talk about this for several months to see if we can resolve it" is a snow screen to get Chicago Vetnure their shares for .008 or less .. it's in the filings and I posted it on this board .. who needs a crystal ball ... right?
Look for more Friday after hour PR's to elaborate on how awful RXMD has been 'treated'
Right and in doing so the action implies Midam did nothing legally wrong imo .. otherwise it would have advanced in court
No bag holders here this stock bottomed many mooons ago
Further, most of us have been here for years riding free shares with average below the current range
It is best to try not to be offside no matter which stock you buy/short ... right?
$HPTG
Looking a teensy bit heavy with 1.5 times the 30D avg volume sitting @ .02
No buyers .. obvious play here is to be short until it is not .. likely around .004-5 and after toxic financing ploy plays out
You can lead a horse to water but you can't force it to drink
Hopefully some of these longs here, who trade on pure emotion, at least have stops in place for the cascading waterfall about to happen
WOW the ADX has quite an erection ..feeling a little frisky myself today as the unravel draws closer
Nobody talking about the elephant in the room this morning VNDM @ .21?
WEEEEEEEEEE!
Doesn't seem like a very good risk vs. reward staking your bet on that binary event
Especially considering IF it happens there is quite likely some bad news attached in terms of 'changes to accounting practices' LOLOLOL
Bank on it ..oh wait your a long LOLOLOL
Absolutely cool as a cucumber .. sure it MAY pop a little relief ...but only going to sell hard mid 2's ..not worried in the least
You see there is enormous overhang on this ticker .. trucking is the one you want after bottoming, leveling off now RISING with a catalyst coming is the time to buy
This one is a SHORT
Only regret I have on my short is I didn't spot it earlier it has set it's course back to .005 since June .. but alas you never get perfect tops and bottoms ... or vice versa
Too easy not to short this... it's just the same boring monthly news all the while the company continuously selling/handing out more shares in to the float like all the pinks do ..
Now we have the audit looming ..
Your doing it wrong .. bought the top of the run on trucking and now your catching a falling knife ...to each their own LOL
I think that is too ambitious and frankly, hopeless at this point
I got short @ .0246 would definitely double down if it could somehow get there again... now that Friday after hours PR's are going to roll .. next one to 'update' on the 'audit'
I am sure it will be 'a good communication from the company' and guaranteed to get us to no less than mid .01's
Although it is teetering right here and at any moment if .01's trade for more than 5 minutes we will likely see a complete capitulation possibly even sub penny on the same day .. either way .005 coming soon
Ignore = Denial .. but please do go your own way
I will be quite happy to finish my short here in silence
Only time I have to come in here with my trumpet is at your beck & call
So with that said I am happy to continue visiting y'all in here should you choose to continue to invite me .. whether your personally listening or not is of no consequence to me
Wow which is it you wish you had more funds or you are buying today at the bid? Please do tell the TRUTH LOL
Uh oh ... now the 'stronger hands' phase is here
Classic stinky pink story same poop in a different pile
Uh huh ... I take it you are on a 15 min delay?
Walk it all the way down to .005 for all I care we need longs and shorts to make a market
It didn't disappear the ask is lowering .. so is the bid
Thing is for 'some reason' the bottomless floor clause was not included in that PR but that revelation came about in the filing of the Nov. 21 Q
Must be pure coincidence that on this filing the pps immediately went from .038 to .032 and the continuous slide since
Indeed this should be read carefully:
The Company has identified conversion features embedded within the convertible debt issued on July 22, 2016. The
Company has determined that the conversion feature represents an embedded derivative. The conversion price is set at
$0.05 per share unless the Market Capitalization of the Company falls below $3,000,000 at which time the Lender’s
Conversion Price for all Lender Conversions occurring after the first date of such occurrence shall equal the lower of the
Lender Conversion Price and the Market Price as of any applicable date of Conversion. Accordingly, the embedded
conversion feature must be bifurcated from the debt host and accounted for as a derivative liability. 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.
Do you have your $20 ready to paint the tape again? Better let a few more out and hit it a little closer to the bell being a FRYday