Working... Skillz to pay the Billz
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Yup! Everyone loves a good dumpster fire. Just here to prove what I said would happen did. BOOOOYAH!!
When you're ready to unload for $2.75 LMK that's worth my interest for another flip of RXMD.
OTCs should be traded, not held long term, even worse to hold year over year hoping for riches. Big board earnings is where money was made this year. All feared the recession that never came to fruition.
Even worse if he's only offering a "limited" amount of medications. GoodRX and others are providing similar services.
This partnership is not going to help RXMD share price recover losses to pre split valuation. Going sub $3 in the near future... MARK IT!!
Good luck on this sinking ship, along with NXPL. Same CEO running the show and both companies keep losing PPS value all year
$3.05 share price, nobody is impressed if PPS continues to drop.
Cubans company is just like GoodRx, he's not the only one providing discounts drug prices. Guess ya'll going down with the ship USS Fernandez. 60% loss in value over last 12 months, shows over guy.
Exactly right Truth, 100%. There is no added benefit for RXMD customers to have their medications filled by Progressives Pharmacy when they can easily go to Cubans website and order them directly without incurring any cost mark ups that RXMD would tack on to the customers' order.
This partnership isn't really a big deal at all, similar to the OTC Medicare Advantage news last week. If the Street saw this as a value add for RXMD and its customers, there would be a significant increase in buying volume.
Very true Turbo. Check out "Pain Hustlers" on Netflix, true story about the greed within the Pharmaceutical Industry. Great cast too, Emily Blunt, Chris Evans & Andy Garcia 👍
Yup, all shareholders here are losing big time!! Truth hurts, doesn't it?
I feel your pain, CM... wish more folks took my projections seriously instead of mocking my analysis. Its very ugly indeed here. Did you happen to grab any holiday FIGS, that's up 20% since I suggested you take a position 😉 32% gain for the month of November.
Selling into the bid is not a sign of strength Gedi. How long you going to defend this incompetent CEO? Share price down 60% since reverse split!
Friday's close was $3.60. The majority of shares traded today were $3.25 or lower, with the exception of 1 share @ 3.45 and 279 shares @ 3.53.
Would still have resulted in another 11% decline in PPS today if you don't care to include the 1200 shares sold EOD.
Sorry Turbo, I truly am... it sucks how carelessly Fernandez has treated shareholders since he took on the role of CEO.
Look on the bright side, you still getting that juicy dividend from Starwood, only wish you had taken my advice and bought more on the dips instead of chasing the dragon and averaging down on this crap show that Fernandez created.
YIKES!! Another 19% deeper in the hole that Fernandez tossed investors into after the reverse split last year.
Sell the news as usual with RXMD.... not even partnering with Mark Cuban's discount drug company can get the PPS out of the gutter.
Told ya'll to sell months ago before it sank to $3.00.... now the days are here and there are alot of bag holders seeing red and some maybe contemplating taking the loss for the tax write off, I suppose.
Bravo!!! Fernandez the FLOP continues to live up to the "all show, no go" CEO title. The wizard of M&A is a Svengali.
FINAL REMINDER: Reverse Splits NEVER benefit shareholders. Been telling folks this time and time again. Where are my non-believers now?
I concur, the cheerleaders will attribute the 5 shares or trading volume to a shortened trading day. The PPS will keep falling until the "all show, no go", tight lipped CEO gives the shareholders an update on what the plans are for sitting on $35mm in cash.
12 months on the job and Fernandez's silence has caused a 60% decline in share price. Awfully shady CEO imo.
Insult board members if that's your style, yet there's no denying I called the decline accurately. I warned ya'll for months now. Nobody wanted to admit I was correct, accusing me of playing both sides. Now the non believers have their foot caught in a bear trap!! When I say it going lower, I know what I'm talking about.
The writing was on the wall, well actually in the charts combined with a total lack of leadership on behalf of CEO Fernandez. Redirect your disappointment toward him, not those who forecasted the downfall after that sneaky RS, which was supported to get RXMD onto the NASDAQ.
Sorry for your 70% loss, you'll have a juicy write off on 2023 taxes along with many shareholders tired of waiting for the "wizard of M & A" to produce shareholder value.
Wrong again, no loss in my portfolio with RXMD. I've already covered this multiple times.
Wrong again, no loss in my portfolio with RXMD. I've already covered this multiple times.
Today RXMD saw the second highest daily trade volume over the past 12 months and price still closed down .55 cents Lower lows and lower highs, those are the technicals to focus on. It WILL go lower, I been calling the decline correctly for many months. Understanding chart candles, top wicks, bottom wicks and BID/ASK spreads contradict the "technical buy" signal.
P.T. Barnum WAS right, there truly is a sucker born every minute. Hahaha. I suppose some beleive averaging down after losing nearly 60% of their investment following the reverse split is a wise idea??
Reminder to all, reverse splits NEVER benefit the retail shareholder. Apparently that simple fact hasn't sunk in yet, however the share price certainly keeps sinking.
Buying into a bear trap is one of the worst investment strategies. Ramen and Pot Pies for new bagholders Christmas Dinner. 🤣
Healthcare is actually the top performing sector today on the big boards, which doesn't bode well for RXMD being down again.
Fernandez needs to speak up and take some action; otherwise the bleeding will continue Turbo. Sorry my brethren, it's getting f-ugly here.
A "couple" of sells? Clearly you're not following the daily tape.....
RXMD sell orders were about $18,000 yesterday and above $15,000 so far today.
Let's recap.... $33,000 worth of stock sales is NOT a couple of sells. Pfff! 🙄
Rose colored glasses anyone?? Let see if Chucky-San will paint the fence EOD again before closing bell??
You're correct CM, others have called into IR to express their disappointment and concerns, yet price continues to fall. Those concerns are going straight into the RXMD recycling bin. The IR mouthpiece over there will say anything to pacify the disgruntled callers IMO That's what he gets paid to do.
I think Fernandez is waiting for price to tank further so he doesn't have to pay RXMD shareholders more than 2 for 1 with NXPL shares, if his end goal is to merge the two companies.
NXPL currently trading at $1.46. He's a deceitful CEO, both companies are losing value do his inability to take action and stop the bleeding. #muteCEO #FernandezTheFlop
WHOMP! There it is, $3.20s hit... just as I said it would after yesterday attempt at a 100 share paint job to disguise the $3.20 BID before closing bell.
Ya'll still don't beleive me, huh?
Look at the trade tape, it certainly was a paint job indeed. A sea of red on the tape, only 6 buy transactions today, the rest were all sell orders. Those are the facts, cannot spin that one to make RXMD seem rosey with 7.3k of volume Gedi. The trade tape details cannot be fudged. Need a snapshot to see whole picture?
https://investorshub.advfn.com/uimage/uploads/2023/11/20/fbeqr20231120_230300.jpg
How can anyone deny the facts here, selling overtook buying AGAIN... just unbelievable how blind shareholders chose to be as their investment continues to depreciate in value.
FYI: Do you realize that 5,246 of those shares were SELL orders. Not such a great day when selling continues to overtake buying Turbo.
If there wasn't an EOD paint job of 100 sharea before closing bell, RXMD would have closed in the $3.40s.... BID was $3.20 at 3:59pm. A 70 cent spead between BID and ASK.
I'm not fed up, it's an educated observation. The the proof is in the daily selling of shares. I'm losing count of how many days the SELLS outweigh the BUYS. The 100 share EOD paint jobs aren't fooling anyone. BID fell to $3.21 before closing... they'll hit soon if this rate selling continues.
Todays Recap Sell to Buy Ratio: 2.5 to 1
SELLS: 5,246
BUYS: 2,091
NXPL even worse, over 6 to 1 on the SELL side today. This is an example of an investment worthy CEO? 🤣 I don't think so folks, he's a Svengali rollin' in his XL Denali.
You couldn't pay me to buy RXMD, not until the board ousts Fernandez for being an incompetent CEO. Neither of the companies under his poor leadership has tanked this year. So much for being the self proclaimed "wizard of M & A"
Ignorance is certainly bliss for some, I warned ya'll for months now and all shareholders have seen is day after day of losses in their brokerage accounts.
Not my first rodeo gentlemen, the writing was on the wall after RS was approved.
LOL..... say it ain't so. Selling off on fluff "news", just as it always has. So predictable IMO.
Folks getting fed up with Fernandez the Flop not producing value for shareholders after 12 months on his part-time absentee CEO job. NXPL crappin' the bed as well.
Welcome to tax write off seasons investors!
Pre Split Valuation now at .0172 cents ($3.44 lsst trade / post spilt) Yooooowwwzaa!
It's no different than what all major retail pharmacies have already been doing. RXMD was behind the eight ball on Medicare Advantage benefits, therefore it's not going to help boost share price.
It's like Fernadez is looking at what the major players are doing and applying it to a local community pharmacy. Not impressed! $3.40 BID
Not the news investors need to get this stock above pre split price. RXMD giving customers the ability to purchase Jergens and Advil while have their prescriptions filled at PharmCo locations isn't going to move the needle here.
That's all news CEO Fernandez has after a year on the job? LMFAO
I have a newly found appreciation for your profession Turbo. Replaced the power steering return line and pressure line on my truck this weekend and what a pain in the arse.
Amazing how these auto manufacturers have parts crammed into areas only an infants hands could reach. LOL
My '64 Nova is easier to work on than these new engines packed to the hilt with nearly inaccessible parts.
Needless to say, got the job done after a couple of tall boys and many scraped knuckles. Hahahaha
Sorry for your poor investment strategy, I never took a loss on RXMD. In fact, I accumulated shares from .005 to .07cents, bought and sold multiple times with a running average of just over 2 cents on a 4 million share position. Try and learn how to trade effectively, you held way too long for an OTC stock. My story hasn't changed, although you want it too so badly. Hahahaha!
I will count my gains while you keep waiting for Fernandez the Flop to turn a profit as you continue to assume I took a loss. (Like a broken record) RXMD still made significant moves north even with toxic debt. Leadership and communication are paramount, of which Fernandez is severely lacking in that department.
So what's your point EXACTLY? Hanging your hat on RXMDs future success based on Fernandez paying off debt. Clearly the Street was not impressed otherwise this would have had a rally by now. Lack of interest on the buy side is pathetic. Only one to blame for declining share price is the mute CEO, redirect the hostility there.
Yessir, easy on the eyes and a polished business woman....I would not kick her out of the cabin, would you? 😉 LOL
Ms. Shital Mars was certainly a class act CEO, she had enthusiasm, shareholder interest in mind and addressed concerns raised by investors during each conference call. I remember when she would release a monthly "prescriptions filled" report and included any current events happening within the company. She was even genuinely excited everytime they acquired an out of state distribution license too.
She took RXMD from a sub penny stock to a high of .25 cents during her tenure, as well. She did not need to execute a reverse split to accomplish that dramatic rise in share price. Charles in Charge hasn't even come close to her level of poise and professionalism!
A stark difference from the tight lipped mute CEO now filling the role. Fernandez the Flop had the perfect opportunity to speak with shareholders; after a year of silence; with a Q3 conference call, yet he decidedly chose not to and did an interview with Proactive Investment Group instead. Shameful to say the least. IMHO.
LEGENDARY CEO of Progressive Care
Yesssir. It's a cool little perk iHub offers on Friday's. Here's the scoop Bro-Fessor!! 😉
What is Happy Hour? When is it?
Happy Hour is a one-hour block where everybody has the premium features enabled for them. You can do full-text searches, send private messages, read 100's of messages in one click, etc. All the groovy extras! Everything you see on the Feature Matrix.
Happy Hour is every Friday, from 4-5pm ET.
Brilliant, my man!! Absolutely living the dream , that sounds awesome!! Im sure it's a peaceful sight. Nature has always my go to "Zen" place. Take photo and will send ya a PM during Friday iHub happy hour when they are free to send. 👍
LOL... True, true. Ennis seems more unhinged and Jack has bowed out gracefully.
Welcome CM. Still have that bow handy in the cabin? Jack seems to have scurried deep into his foxhole after failing at this weeks block buster prediction? 🎯🦊
Having fun yet? So much for the board "lighting", huh? Like watching a downhill runaway train, if that's the fun you speak of.
Keep holding and ya'll be going down with the ship; like the Titanic Orchestra players?🤣
Downtrend: CONFRIMED ✅, just as I predicted. Hopefully the farm was not wagered on the micro pop of .10 cents last week. Rookie need a cookie? 🥠
No agenda, I'm helping those who lost 50% of their investment money here to recoup losses with better companies. I was mentored on finding profitable stocks and paying it forward. Jeez , why so skeptical guy?
The cheerleaders of CEO Fernandez will say anything to justify the unprecedented silent period. Now the idea of another silent period is being tossed around when NXPL spins of Orbisat. Who in their right mind would continue to have faith this CEO. Just getting ridiculous, CM.
I'm sure all shareholders are in agreement that there was no reason for the RS last year. The RS was ONLY intended for uplisting and that did not happen; shareholders been taking it on the chin ever since. It shouldn't be any big surprise as to why there are no buyers of RXMD and many sellers of NXPL.
You have every right to be disgusted with the lack of effective communication from CEO after such an event like a reverse split.
Correct, that seems to be unfortunate case here.... they contrarian argument that the "free shares" was to compensate for those not taking a salary clearly didn't hold water.
I remain firm on my predictions. We simply call it as we see it, CM. No pie in the sky hopeium on my veins like the others.
After the one share paint job; 3 minutes to 8pm ... not very astute on reading the tapes, eh?
🤣🤣 Taste like Opossum.... LOL.
All that "next week" and "true long" hype fell flat on its face CM. Nobody wanted to beleive me when I predicted the Q3 report wouldn't boost share price.
On the contrary, I did very well on this one. Flipped in and out of RXMD multiple times. Nobody should marry an OTC stock, trade em and take your profits.
Only the current shareholders are losing value on their investment. Ya'll took a 50% haircut since reverse split.
Even with a 50% discount from 2022 prices; there's still little to no interest on the buy side. FACTS