Funny how all them RFMK jokers keep acting like the DTCC chill won't affect the stock...but the stock has hardly even broken .006 since the chill (much less the .0093 pre-chill pps) and the Cannacig is closer to market than ever before!
Reminds me of the proverbial donkey that won't drink what's good for 'em, but would rather drink kool-aid.
From time to time, I read the board and I see so much mis-info. The 'trade for trade' pertains ONLY to Penson affiliated brokers, yet they all seem to think 'trade for trade' is across the board. Funnier yet, they seem to think 'trade for trade' is even good. Sure hasn't done anything for the stock price.
And the shorting they keep yelping about. They don't seem to realize that every time NEW shares hit the market, they show up as short shares on the Reg Sho list. This is because the MM fills buy orders first, and then gets recompensated by the 'Seller' afterwards, giving a misleading (short) appearance.
And to add stupity to ignorance, they actually think the now-non principal ex-CEO is still bound by principal SEC laws/rules. Fact is, if he's not a CEO, CFO, COO, or director, he's not bound by any laws and can sell up to his entire position in one day, though of course, he's smarter than that, and will just bleed investors slowly, instead.
RFMK has been my worst play of the year, having both lost and tied money up in that POS far more than I should ever have. It's a compelling 'story' but bottomline is, the red flags outnumber the green flags by atleast 5 to 1.
Approx. $6M worth of stock issued and sold in the last 3 years and their only asset is 500(?) cannacigs?
What a freakin' joke.
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