Progressive Care Inc (RXMD)

[ArmoredDragon]

Actually that was 2s or 3s by two months ago. But anyways, MACD only matters if you're either swing trading or day trading as it's more about investor sentiment and less about the performance of the company. Give the very heavy attempts at manipulating investor sentiment here and elsewhere, it's mostly bunk anyways. More importantly, it's not terribly relevant for longs.

Longs should be more concerned with the financial statements and the viability of the stated plans for growth. RXMD doesn't need to have high share prices for their expansion plans, as they've already proven. Their good revenue numbers are more than enough right now. Yes, that does mean their cash flows will suffer, but nobody expects otherwise, except for people who want to see the share price fall, so they use it as a talking point to mislead investors.