Replies to post #66458 on Progressive Care Inc (fka RXMD)

[Dr PennyStock]

Even more interesting is the fact that I did not use the word "similar" to talk about any other stock.

I have used it when talking about the run the stock made two years ago, and, saying that the amplitude( + or - 1000%) of the run may be similar.

But if you are talking about other stocks, it is true, some stocks run a lot, and, then go back to .0001. I once saw a stock(MJ) running 20,000% from .0001, and, about 6 months after, it was again at .0001.

But that stock was pure BS, it ran on MJ hype, not even compared to a stock like RXMD, a true company, with a good management, with products, and making millions of dollars in revenues, year after year.

But, there are also lots of cases of stocks that made big runs, and, are holding at a decent PPS, OWCP is just one of many examples. Look at the chart here: http://stockcharts.com/h-sc/ui?s=OWCP&p=W&b=5&g=0&id=p32774260959

BTW, I am also a trader, not an investor.

Finally, I read what you wrote, saying that you will be on the sidelines, just watching, but, IMO, you will lose the chance to make a lot of money here, and, in a few weeks/months you will see that I was right, but, it will be too late.

Unless you have something better to make that money. If so, good luck to you. Like I said, nobody has nothing to do what you do with your money. I did not want to criticize your decision, I just wanted to point out that strictly from a technical analysis standpoint, the decision was the worst possible, due to the wrong timing.

GLTY