InvestorsHub Logo
Followers 106
Posts 7376
Boards Moderated 0
Alias Born 05/15/2011

Re: Caligirl05 post# 122348

Friday, 04/26/2013 1:15:08 PM

Friday, April 26, 2013 1:15:08 PM

Post# of 141763
Well, if you look at the chart you will see that 13 was touched before the previous run to .0045. So I wouldn't sell now because this is the bottom of the trading range that we have seen as of late.

Tom has more shares to dilute as a way of funding RFMK. He could have revers split the stock instead but he made the choice to make RFMK dependent on new buyers of stock. I am sure that the need for new buyers to obtain funding will result in an effort to communicate with shareholders.

I am also sure that the desicion to make RFMK's funding dependent on new buyers is matched with appropriate buying catalysts that Tom knows are coming - otherwise he would have just reversed the PPS and not made the company's future hinge on an influx of buying in the stock.

I would wait until the PPS is above .003 and then start to consider selling before .005!

JMO
Join InvestorsHub

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.