RMD Technologies, Inc. (fka RMDT)

[phrantic]

You may be in for a very long wait. To the extent it can be relied on, here's a 6-month daily to use as a guide for entry/exit.

Chart Pattern: Run/Retrace/Channel
Support: .0028 & .0023 (blue)
Resistance: .0052
Target: None Discernable
ADX/DI: Demonstrates strong downward momentum as seen in the sharp downard angle of +DI with ADX angling upward demonstrating growth to existing move.
StochRSI: Remarkable fall from 1.0 to 0.095 demonstrating marked negative sentiment/rapid momentum in downward price movement.
CMF: Demonstrates growing selling pressure.
5MA: Sharp curl downward readying for a cross below 10MA (bearish).
Overall: Very bearish with weak to moderate support.
Comments: Green circled area depicts where "they" bought the run; green squared box denotes where "they" accumulated shares; red circled area denotes sharp arc in 5MA downward; note mild selling starting October 7, and major dumping starts October 10.

My advice: If you have profits, take them ASAP. You can always buy back in when things settle down and channel. Personally, I wouldn't buy 1 share of this until there's something filed with the SEC that puts management's arse on the line for assurance. However, filings or not, I'd be surprised to see this ever amount to anything. Capital preservation should be at the core of all strategies. Never enter (buy) without a firm exit plan void of emotion.