geof65 - I reject the notion that the nature or characteristics of any potential RFMK run could in any shape or form mirror what occurred in the trading of that other stock when it ran up in mid May. That stock did run to .08 quickly but reversed immediately and settled for months at about half of that pps, .04. It did not run up and then immediately just lose all of its value.
The pps I assume would have remained there at .04 or gradually moved up or down (natural oscillation) however it eventually became the victim of naked short selling (possibly, we still do not know for certain), which artificially inflated the supply of shares to the tune of roughly half of the known float, selling phantom shares to investors; THAT is what caused the pps to plummet during a day and a half period (during which the announcement of SEC litigation gave the shorts the excuse to manipulate the pps down). To assume that RFMK will have a similar run, one would have to assume that again here there will be illegal trading activity and a few bad apples selling phantom shares to unwitting investors. No one can know the future.
I do agree though that it should be nice in the future to see some actual revenues flowing into this company to build a true valuation, based on EPS and not only a mere P/E multiple expansion. However, there is no telling the degree to which the buying pressure in future days/weeks could build so if shares are scarce and liquidity dries up and there is competition for ownership, any kind of bullish spike (run) could happen.
Indeed, the RFMK news is great and I suggest accumulation! The time to be accumulating is BEFORE huge news like this hits but even as it does, holders can still position themselves for the potential upswing; and I do agree that at certain price points one MUST sell portions of the position in order to lock in profits, but ramping out over time and not selling at just one price point is the best way IMO.
GLTA!
GO RFMK!!!!!!!!!!!!!!!!!!!!
