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Re: None

Tuesday, 01/07/2020 10:34:50 AM

Tuesday, January 07, 2020 10:34:50 AM

Post# of 513
Getting down to the support line?

“Three weeks ago it was under $30, they raised $115mm December 4th at $30/share in a secondary offering that was oversubscribed by 4 times pushing it to over $45 briefly... the founding VC of Intel and Apple invested $25mm in 800,000 + shares at $30. Since popping up to $45 it has drifted down slowly to about $40.”
(36 today!)

( 33-35 looks like a line of support technically)

Any news will reverse this steady decline

“It may drift down under $40 in the coming weeks, the chart looks weak short term:

https://stockcharts.com/h-sc/ui?s=RLMD

...but I’m not selling.”
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