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Exactly. Not 1 person has sold their shares. That's because they're laughing at this share price. It won't be anywhere near this in due time. They already know when they will announce certain things. Uplisting, revenue, etc. I think the years everyone has been waiting for are 2020-2025. This is their time to shine.
Conflict of interest with some of the affiliated consulting companies. I don't know if that is still the case. Maybe Jimmy can chime in here. I don't think personal vs. company buy back matters in terms of the reasoning. If Ms. Mars is connected than that connection is both in work and outside of work. I think legally she can but doesn't want to open a can of worms. Smart.
She has often said she wants to scream out "Buy as much as you can" but she can't.
They know it undervalued. That's a given.
That's actually just a good business looking over their balance sheet and making smart adjustments.
I guess in a perfect world you would make no change to staff or salary ever.
They can't. They've already went through the reasoning / conflicts of interest of why they can't personally do that. Many have questioned this but there's a simple explanation.
Oh without a doubt. 2020 will be more powerful than 2018 was because of the recent M&A, possible profitability, etc. This is always a classic situation.
Stock drops just before it goes up big. This is a text book scenario. Cause capitulation to occur from folks who think this keeps going down. And then rip it back up.
Personally I would like a gradual increase in share price but I can't deny that the 1st piece of news on cash flow positive is going to make this soar.
Big money has been sitting on the sidelines until they see their criteria met.
They know the company is excellent but can't invest until certain things happen.
This is the sweet spot IMO.
The thing is they have a ton of credibility from fulfilling all of their promises from the past. So from a likelihood standpoint it is very likely all those things happen below.
Well the one thing that is glaring to me is the divergence from their enterprise value. We're way below what a very conservative analyst would value the company. So on the balance sheet alone factoring in everything we are no where near fair value. That's a huge cushion in my opinion.
Yeah my strategy is long term still holding all my shares. But just wanted to ease some minds that this dip will be short lived. Anything can happen but this is ready to pop back up imo.
Any possible further downside will be quickly bought up. We're oversold and everything is coiling up for another push up. Gotta be crazy to sell here or anywhere under .50 in the short term.
Picked up a good amount today.
I knew .28 area was a bottom. Amazing report!
Authorized share count doesn't even matter. I don't even know why it's brought up all the time. Let me know when the outstanding count goes high and then we can talk.
3 years isn't a long term trend trader
You didn't say "pay off debt". You said say pay debt. Today must be wordsmithing day.
You said, "penny stocks do not pay debt with cash when shares that cost nothing can do that forever"
That was a complete lie because I just proved otherwise. Don't change the subject now.
Actually quite the opposite.
As you can see below our long term curve and trend is still intact. That's why we've all been preaching to look at the long term not short term.
If history is of any indication of where we're headed we are about to embark on a new run. Each time we make a higher low and higher high.
Here's how history has went:
October 2015 - June 2016: 7 months run
July 2016 - January 2018: 18 months consolidation
January 2018 - April 2018: 4 months run
May 2018 - Nov/Dec 2019: 18 months consolidation
January 2020 - ?: New run
The company just announced they are most likely to be profitable Q1. Which means if I was a betting man we get a new run in early 2020 around that time frame.
As shareholders we asked for monthly numbers a while back. We asked and they delivered. So for one we're lucky to be able to even see these. A lot of people don't know or even remember that. 99% of companies, especially on the OTC, don't make this public.
And for two, this is one of the reasons why companies don't report monthly numbers. There are a ton of variances from month to month to the point where these numbers should not be compared. It's better statistically speaking to compare over longer rolling periods of time to see the true picture.
Year over year would make more sense. What did they do LAST September, etc, etc.
This is why earning reports are quarterly and not monthly.
Quarters make more sense than shorter time periods. There are so many nuance expenses that could come up in any given month too.
A promotion about the company's business and the value it provides. Yeah. That's exactly what it was. No different than an analyst upgrade or binary catalyst that comes out for any other stock. People wouldn't buy if they didn't see the value in this. Backed up by the accumulation in this name.
The main point is whether or not this grows over time. And it has. Bottomed at .0016 end of year 2014 and hasn't looked back since.
The outstanding count has grown for capital and expansion and we still have appreciated much higher.
To judge this real business by it's OTC manipulated low volume stock price is really not giving it any credit.
It's not in a prime time trading environment so it's core business is not being appreciated.
If you look at some of the top gainers in the OTC on a weekly basis you will find that many of them are shell mergers, billions in OS, tons of toxic notes, etc, etc.
Are those better companies because they went up 150% in 2 weeks?
Whether or not you don't like the stock price you have nothing on the business and that's all that matters RIGHT NOW.
When we uplist and the environment is different then give all the feedback on the stock price you want. But right now the focus is not a OTC low volume stock price.
Shorts are so screwed. Company increasing profitability and sales continue to increase. Let's see them scramble.
Look at it the past 4 years. Talk about divergence.
Positive growth
Positive A/D line
Positive slope
Share price will match all of the above soon.
Of course it matters. That wasn't what my post was about. There's a time and a place for stock price since we're talking about an OTC stock. You guys think this is on Nasdaq. Low volume = manipulation. What don't you get about that? Would you rather have an excellent business at the mercy of manipulation on the OTC, or a bad business with fluff?
This is why RXMD is a gem. Because the business is great, but they are not yet trading in an environment where their share price is appreciated.
Do you not realize that some of the best companies started with a great business with no appreciation until long term?
That's what Warren Buffet has done all his life. Buy the fear. You will never make any money because you'll only buy at the high of everything.
So forget about the actual hard numbers a business has. The only focus is share price right? Lmao
That's a recipe for a bear disaster.
If the business is obviously doing well what's the problem?
Good luck with that lol
It's a basic math equation of outstanding shares / market cap...
I see your problem now. You're judging whether a company is good or not based on the day to day stock price. Which means you don't know how money flows work or how low volume works.
Why don't you do the math on the company's asset and liabilities which Jimmy has been doing for years.
That shows the company is in excellent shape.
So you're willing to look past the balance sheet because of a low volume stock price?
You're describing ALL OTC STOCKS.. That's the point. Everyone must be uneducated on these things.
In the OTC stocks depend on binary events.
From my experience you do not have stocks who appreciate steadily like on the big boards of Nasdaq and S&P.
So what you described is how all OTC stocks operate.
That's the norm.
So the point is you're judging a well run company on stock price alone, when stock price on the OTC is arbitrary to a degree.
What you have to answer to is why this hasn't gone to trips.
It may have fell off from .26 but it hasn't fell under subs EVER.
That's why we call this a diamond in the rough. It gets no credit from flippers because it trades on the OTC, and gets a ton of credit from long who are able to see at least 10 feet in front of them.
You're a flipper so I'm not surprised you don't get it.
Some people get it and some don't. It's ok. It will get better.
That wasn't a standard PR for one. And two, this is how the OTC works. I just wrote a post about it. You ignored it. Unless the news is MATERIAL WITH VOLUME everything is per the norm.
You guys keep posting about every single news/stock move as if this is some fortune 500 company.
Stop trying to equate the OTC with Nasdaq/S&P...you look silly
PRs have nothing to do with red or green days unless it's a material catalyst WITH VOLUME. On the OTC volume is king. And real volume only comes on specific types of days and setups.
So when you try to connect a red day to PRs it makes no sense because a red day is more likely with low volume.
Once you understand OTC stocks you'll not be so biased about RXMD.
Just remember to post here when we have multiple 50-100% green days.
Also if you had a long term mindset you would still have shares bought at .005 and wouldn't care about the day to day price action.
I'm still holding millions of shares, many of which are in the subs.
Good post Serb!
This is yet another way the company has diversified their business over the many years. They truly are good at making sure they have very little dependency on other companies/products.
I also believe the company is due a re-rating of their multiple since they're in a variety of sectors now.
Healthcare, Tech, BioPharma, MJ, etc
That deserves a much higher multiple.
So not only are we undervalued under a current generic multiple, we're twice as undervalued under new multiples now.
This is a huge divergence especially based on a very positive A/D line over the last 3-5 years.
It means this is due for a nice uptrend soon.
Secular downdraft when you see 100,000 out of the money call buys on XLV?
Yeah I don't think so lol...
Look at what has been happening. Laggards are getting rewarded. United Health Group blowout quarter...+20% pop...CNC, CI, etc... all rewarded
So no secular downdraft is happening lmao
The bottom is in because institutions will protect their investment. We're at a valuation that is insane (too low) and it's only due to low volume. Maybe someone gets lucky with high 2s but I'd be surprised. With their sales and cash flow this really can't go any lower. It's a basic math equation. Even the stock in 2015-2017 had a bottom and that was before any acquisitions or new growth on what they had. And to the point of RSI. That's a good indicator. But the reality is it matters if the stock is negatively or positively sloped. RXMD is positive sloped which means any extreme levels will be dip bought to new highs. When too many bears get on one side it doesn't work out well for them.
I'm new here but .28 looks like a nice short term floor. I've always wanted to invest in this but I held off with some of the sector news going on.
Nice breakout candidate
Her pay is commensurate with her contribution to the company. That's how a business works. If they weren't growing the business like no one has seen before than it would not be commensurate. But so far there is no evidence of any slow downs. And that can't be debated.
That's one of the easiest parts of the Nasdaq listing criteria for RXMD when they go to uplist.
Sounds like your friends didn't know what they were investing in.
You see, only traders and flippers care about what happens in short time frames.
If you actually understood that this is a long term investment it wouldn't bother you that this is a volatile stock just like anything else in the OTC.
At the end of the day you either believe in the thesis or you don't.
There are going to be volatile moves. That's to be expected and not surprising to me.
I think people just don't know how to invest.
Yeah that's the way I see it in reference to the A/S increase reasoning.
The evolution of a healthy company in my opinion is:
- Expand in a responsible yet aggressive manner
- Only use what you need for that expansion
- As a smaller company utilize being public to expand
- Grow bigger with that expansion to a point where you can get traditional financing
- Profits increase substantially as the company matures and efficiencies take place from being a bigger company
They're being smart with current resources now so that later on the benefits of this can be reaped.
If they focus on the short term only the long term suffers.
Exactly. They won't bring up accumulation because it's doesn't fit the narrative.
Accumulation has been solid for years and years even AFTER the run to .26. It barely budged on the sell off.
That tells me the decline in PPS is just MM low volume stuff. It's not significant unless there is volume and unless there is a bear catalyst.
What people don't understand is this stock can rocket up just as fast as it has declined.
That's a fact.
What's your reasoning? They clearly said the increase is to accommodate the reserve for CV. Traders don't have millions of shares to sell and longs aren't selling. So that doesn't make sense this would tank. The increase is to the AS not the OS. That's what the vote was for.
Yeah good point. If there are closures they are out of the company's control. And yes let's hope it keeps going north. The reason it's not hitting Florida is because there is a frictional force that wants to keep it in the water. Also some other weather nerd reasons. But they should be ok. North Carolina on the other hand....
No hurricane. Pharmacies will be safe and secure. Business will be open as usual. Sorry shorts.