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.
I personally don't care what other people's strategies are either, the only part of what happened today that I take issue with is the large bid dumping. If, as a group, you and your followers have specific buy/sell targets, it would be in THEIR best interest also to break up the sells into smaller chunks so as not to tank the price. Doing that just hurts their own profits when they exit. Seems like they would choreograph a more diplomatic way to exit, JMO.
Either way good riddance, stronger longs scooped up those shares or the BIG BOYS did. It bounced back beautifully and I'm all good with a bit of a technical "reset" here so we can start the next leg UP out on stronger footing.
$RXMD
Right you are NDWW.....and let me assure ALL out here that the BIG boys don't intend to lose a dime on their investment. They saw a golden bargain opportunity here today because they know exactly where this is going.....NORTH!
$RXMD
Absolutely JQ.....$RXMD has the most transparent and honest management team I have ever witnessed in OTC land. And let me also give a shout out to the GREAT longs here who don't pump or exaggerate facts, but who put it out here for all to learn from and profit from (JimmyQuick, NDWW, EBW, Instatrader (always here in spirit!), gedi, osbuser, sewer, holt, the Serb, ajohnke, Wangenstein, and I'm sure I'm missing some but you get the idea.
Folks, THIS is the list of folks who have been dedicated and have NOT wavered and will give it to you straight! We have some newer folks here too that have shown to be strong forces and it's really great to be a part of this RXMD team.
Smart move! it's days like today that separate the experienced from the in-experienced. Experienced traders remove their emotions and ask themselves if anything, fundamentally, has changed here. Experienced traders and investors will pick up what others are laying down at these levels.
Exactly ajohnke.....today is a GIFT to add more shares or even start a new position as we all know how incredible of an opportunity $RXMD offers to shareholders. The upcoming wall street conferences is HUGE and well timed with the 2nd full year audited financials coming out. RXMD management has stated, and will fulfill, their goal of "aggressive" expansion. Been here for a couple years now and have been extremely happy with my investment (thanks to you of course).
Oh I completely agree with you there! Coverage is coverage, and the biggest thing that's been lacking here the last couple years has been awareness. That's finally starting to change!
I don't think anyone here actually thought that Buffet or his office wrote that. Regardless it is a very well written article with tons of great DD in it for new investors.
GREAT article and certainly outlines all of the top notch qualities of Progressive Care and their recent accomplishments! Well worth the read!
What an incredible call full of informative information about where RXMD is headed and everything they've accomplished in 2016. I would also love to see them up-list to the OTCQB tomorrow, but I had to agree with Ms Mars that they need to take one step at a time and don't want to do anything at this point in time that would put them back underwater. I'm perfectly fine with them continuing to grow organically and up-list when the time is right. I have faith that they will get there and will get to full SEC reporting.
You truly must have read something else besides the financials of RXMD......LOL, just cover already.
Couldn't agree more. I was able to review the audited financials over the weekend, and WOW, management has been absolutely 1000% honest and forthcoming with their numbers. Now we have the backing of the auditing firm to confirm what we all knew and hoped was accurate as reported. Not only that but now holding regular earnings calls. I've NEVER in all my years seen a penny stock conduct their business like the big board tickers the way that this one does. RXMD is going to be a great success and you can either ride the wave of success with them or watch from the sidelines and kick yourself later.
Well if you think you're going to sway my opinions here or those of the other longs, you're sorely mistaken. Everyone can speculate and twist anything and everything to a negative stake. No one is holding a gun to anyone's head here if you don't have the stomach to hold this ticker until their stated goals come to fruition, then this isn't the investment for you. As for me, I don't need to you tell me how I should think about RXMD. I've done my homework, thank you.
As far as I can find Management has always stated EOY 2016 for full year audit. This was their target, and this is exactly what they are working to complete.
What proof do you have that they are not???
I have to admit that I don't think I've EVER seen so many people complain about a company that's doing everything to move in the right direction. People wanted them to be SEC compliant and they are working on it. People want to up-list, which management has stated it will do once they're audited and compliant to do so. All that's been going on here lately is low volume manipulation of the share price. Anyone with half a moment of experience in the market can see that these large ask blocks that keep getting moved lower are just plain manipulation to suppress the price. It has nothing to do with what the company is or is not doing. Games are being played. And the games will continue until we get more volume. How low the price goes is anyone's guess but I sure can't imagine that these bargain prices will continue much longer. Too many great things in the pipelines.
They stated that auditing was a "goal", and guess what, they're getting it done.
The facts show in the numbers, in the financials. Which they are getting audited. I know that's no guarantee as we saw with Enron, people can always cook the books. But you can experience that with ANY ticker out there. So any investment, is on that level, a blind trust. All any of us can do is our own DD and check to see if the numbers match with management is telling investors.
Well I think I speak for all longs here in that you know absolutely nothing of my financial standings, but you can keep on speculating all you wish. Your baseless doomsday predictions don't scare anyone here and just because you continue to repeat them relentlessly, doesn't make them true. RXMD management has provided unparalleled transparency in the OTC, and until THEY show me that their goals are not working out as stated, then I continue to stick to the facts that I know.
This temporary dip in pps is simply providing a perfect buying opportunity to load more shares. People should take advantage of these opportunities. RXMD will move back upward.
RXMD is a solid company with solid fundamentals. At some point soon as the monthly revenues really ramp up from the robot, and audited financials solidify investor confidence, the pps will start to climb. When it does and breaks that .055 mark, this should move aggressively. JMHO
I personally think this will start to heat up prior to the November numbers coming out. I'd like to see those numbers push us into the 4's and out of the 3's forever. People need to quit being short-sided and look at the bigger picture to realize that the fair value here RIGHT NOW is in the .15-.20 range.
No better time than the present to jump on board this train and accumulate as much as possible at these bottom bargain prices! I've been adding more every chance I get.
Well, aside from the brief dip to the 2's this morning because of someone's very irresponsible method of bid dumping 700K+ shares, I highly doubt you will see the 2's again. JMHO of course.
GREAT NEWS!!!! Every time management steps up and does the right thing with regards to the business and it's shareholders, I get even more excited to be part of this growth story. GO RXMD!
Welcome to the best company on the OTC. You've probably already seen it in some of the messages, but RXMD is also currently working with an auditor to have their financials fully audited.
Goodness if I were Midam with those shares, I would certainly let the price RUN before selling, or break it up and place sell orders at higher prices and once we get some momo here those shares will easily be bought off them for a higher profit. Makes zero sense for them to sell this way, but whatever, let's get them out of the way at a discount!
Agreed Serb, RXMD is very strong and getting better with each passing quarter. The only thing we have to deal with right now are weak hands who are too impatient to hold for the real rewards in 2017.
Bob I believe you're right. Not only is this way overdue for an upward climb, but the fundamentals support much higher prices. Additionally, if you follow the daily chart, this is setting up beautifully for a breakout soon. I think we start to see some real action pick up in the next few weeks. Now is the time to load more shares.
I would expect management to get the November numbers out on time this month sometime that second week of December, which is right around the corner. I assume they were only late with the release of the October numbers due to all the preparations for the earnings call/release.
Not sure if anyone has been paying attention, but take a look at the daily, the golden cross has once again occurred!
RXMD taking OFF on excellent earnings!!!
BAM!!!! I've been away all day and lo and behold new released......and INCREDIBLE news at that!!!! Congrats to all the patient longs/investors out here who have weathered the games of recent times. We know what we own, and it's going to be a game changer! GO RXMD!!!
Don't read too much into the delay of the conference call to the afternoon. In my opinion, the fact that they were originally anxious enough to host it on a Monday morning, to me says they've got GREAT things to share. The fact that they moved it to the afternoon just tells me that they are hard at work to wrap up the final details, and they just need a little more time to dot the I's and cross the t's.
Glad I was able to pick up more cheap shares today, as I feel that the odds of a blockbuster earnings release on Monday is highly probable. Can't wait to hear what they have to say about future goals as well.
It's difficult to imagine anyone wanting or justifying selling here at this price, and right now when the best yet is right around the corner. As someone else posted the other day, we're finally on the home stretch to audited financials, exponential growth, and potential uplisting. RXMD is STRONG!!!!
All excellent points ajohn.....and let me just add, if you remove the socioeconomic factors at play here, all fundamentals with RXMD point to a massive correction to the upside very soon, with nothing that would indicate any further downside. Take just a few of the pro's/con's for example:
Pro's
1) 2 consecutive quarters of full operational profitability,
with future quarters all but guaranteed.
2) Currently generating an avg of 1.5M in revenue MONTHLY,
with the robotic dispensing system installed and
being readied for operation as we speak. Robotic
dispensing system will essentially double script fills
and monthly revenues with zero additional overhead.
3) Audited financials to be incorporated any quarter.
4) M&A activities currently under way, with the
engagement of Monarch Bay. RXMD pursuing economies of
scale.
5) RXMD goal to uplist to NASDAQ in near future.
6) Currently licensed in 9 states, with more to come.
Con's
1) Currently trading on the Pinks (goal to change this).
2) Unaudited financials (audited coming any quarter).
I'm sure I'm missing some pro's, but as you can see the only two con's that I'm aware of are already on management's list to correct, and soon!
So, to sum it up, LONG is the ONLY place to be with this one!!!!
Assuming that RXMD management signs up to present of course. It would certainly be an incredible opportunity for them and excellent timing in February, because the robot should definitely be showing great numbers by then.
SeeThruEquity conferences coming to the S Beach Miami area on February 23rd, 2017. Right around the corner and I would be quite surprised if our RXMD didn't get themselves on the list to present.
Yes indeed 2017 and 2018 will be banner years for RXMD assuming that they continue on the trajectory of growth that they have been aggressively pursuing thus far. I have NO reason to believe that they will slow down now, as they are still actively working towards all 50 states, potentially more robotic dispensing systems as more states roll in, and possible M&A on the near term horizon. Can't see anything here that's not stellar!
Thanks for sharing Billymack!!! It's great to see that the robot has arrived, and to know that it's only a matter of time now before it's working and boosting script fills, revenues, and ultimately the bottom line! RXMD is such a GREAT company to be invested in.