InvestorsHub Logo
Followers 22
Posts 3398
Boards Moderated 2
Alias Born 10/01/2011

Re: kelseyf post# 85651

Monday, 08/27/2012 8:39:22 PM

Monday, August 27, 2012 8:39:22 PM

Post# of 141596

Yup all the pro-peeps get all excited that RFMK was up 33% today but the reality of the RFMK story is that RFMK is down almost 80% since the Feb 2012 high of 2012.

Now if your flip trading RFMK then you are currently in a great environment right now as the promo pump for RFMK is in full force - if you make the right timing trade. Pick up a few $$$ here and a few $$$ there trading RFMK.

I'll ride a few flip trades myself in RFMK, why not it's how the $$$ is made when drinking this type of Kool-Aid; but there ain't now way I'm buying into this RFMK diluted promo pump long term.

AIMHO
Kels




Kels, I appreciate your concern, but I know exactly what I'm doing here... hence I have been in for 10+ months and have an average of .0011.... BTW, yes RFMK is down from it's 52 week high... most stocks go up and down... most smart investors average down when they get the chance.. I highly doubt there are any investors here stuck with an average in the .008's.. LMAO but yes, I suppose it sounds much worse when one uses the 52 week highs as a comparison.......

Also, you keep saying there is a promo pump going on. but yet telling us Tom has diluted 600million shares already in the last few months. well, wheres the pump?.... really, you've referred to the dilution many many times, I would assume you realize the promo comes BEFORE the dump in a pump and dump.. don't you?

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.