Progressive Care Inc (RXMD)

[Narcissistic Nostalgia]

1.7 million??


Nothing will stop the sell-offs until M&A.

1.7 million net revenues aren't bad, but it's not "stellar" either.

Just look at last years report

https://ih.advfn.com/p.php?pid=nmona&article=73338250



In my opinion, M&A will pump this up to .05 cents or so. Followed by the notorious sell-offs that should bring us back to the .02 or .03's if we're lucky.


I hope I'm wrong and we get a bigger correction in price. However, judging from this stock's history on the OTC, a pump to .05 will be short-lived as usual.

The sustained PPS climbing will be maintained once a huge increase in sales and revenues start rolling in due to M&A.

It's as simple as that. PPS doesn't start to walk unless the numbers talk. And so far, the numbers have been showing growth, but not an explosive growth of profitability that a lot of longs or other speculators on the sidelines had hoped for.

Everyone's greedy in the market. Lots of people don't have the patience to sit on this for years. They want their money quick, 2-3 months time.

It's just the way it is. Until we see the manifestation of a huge increase in profitability or at least revenues, we will stay down here struggling to stay above .02 cents.