A few things going on with RFMK:
News that came out Monday after hours was awesome! It drew some attention of "some people", but the majority of those "some people" haven't bought it yet. We're on their radar, but they want to see follow up on the news. What the news brought was a nice 40% gain day, immediately followed by a flip with traders taking profits. Sell the news traders.
Follow up news will bring the "some people" who are waiting on the sidelines. It will also bring the ones who flipped for a profit back in. Unfortunately, follow up news is what's needed to get us to a penny. That follow up news needs to address revenue and we need to see product on shelves.
As I said earlier, investors still have a lot of work to do to keep the board in an active discussion. RFMK still has a lot of work to do to keep the trading of their stock active and moving up.
So the good thing is, I'm sure we'll see follow up news sooner than later. The bad thing is, I don't think we'll see a penny until follow up news (addressing some of what they said the the last PR) is released.
The Golden Cross didn't bring what I thought it would. That being said, I'm still holding long, just not expecting monster gains as immediately as I thought.
GO RFMK!!
Rec
