Progressive Care Inc (RXMD)

[bigjuice]

It should be if you want to make money.

Did you ever stop to think that your technical buy time is not the same as someone else?

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On principles alone, RXMD is a buy. If you are a technical trader, you would look at the chart and see that you missed the right time to buy and should maybe wait for the next consolidation, unless you just want to be long-term long, WHICH I WOULD SUGGEST.

If you want to maximize return as a function of percentage for those who play the waves well, yes. It's all about bang for the buck. Good traders/investors don't have time and money to waste on a ticker that they already missed a sizable upswing on. They have other plays available that may be timed better.

So wait for it to continue to rise, then consolidate then buy?

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But I would like to argue that unless you are late to the game and you just want shares, you should probably hold off on buying more.

*You must not know the definition of perfect. Maybe it's just me, but I would have thought the Perfect time to buy was back in the fractions of a penny. If this was the perfect time to buy, why had you already bought before now?

maybe its just me. I don't understand your logic. Now is the perfect time to buy. So says my chart and when its .06 in a few weeks my chart will still say screaming buy.

Maybe you should hold on to yours a little tighter. The point was that even though now is a good time to buy, technicals presented a better time to buy. Trying to educate anyone out there new to trading that may assume some of you do not bend truths or supply misguided information.

It's all in the eye of the beholder. Not sure what your point is or who your trying to educate.

*If this is the first day you are noticing RXMD, then yes, this would probably be the perfect time to buy. But if you have been watching for the right time to buy in, you have already missed the perfect time to buy.

You will not become wealthy by trading if you are waiting to buy in at RSI in the 60's. That's pretty standard stuff. Maybe that's why 90some% of day traders fail.

I figured we already all agreed RXMD is a GEM. Nothing I say takes away from her. She is standing firmly on her own two feet and she is about to go for a nice little run.

I can hear the whistles now! CHOO CHOOOO

RXMD!