Romana Food Brands Corp (RFBC)

[NioStar]

The trend is down with Lower Lows.

and will continue on a down trend until they announce a completed reverse merger. It broke through the 50 today and is heading toward the 200 @ .0046.

This fantasy merger could take a while to complete. a real crap shoot here.

The company executives obviously did not understand the complexity before blowing off their horn for an early July completion. That makes them ill suited for the positions they are in or they are simply scamming people while they (Blackbird ) sell their shares nto the market. They've already made a pile off this merger announcement and can do it over and over if SDE doesn't buckle on the small issues blocking the deal.

I don't think the gains will be as large as people think. there will be a lot of sellers into an announcement, if it happens. People fed up with the way they operate and not willing to hold.

No Rush to Buy. Wait for this fantasy to complete. As a collegue of mine states, "Be patient". There will be lot's of good opportunities to buy after the announcement. They killed the Momo on this one. A very high risk play. If you want shares get them at a deep discount.