Replies to post #156321 on Progressive Care Inc (RXMD)

[Champ5]

This stock or the company isn’t ready for nasdaq. Plain and simple.

[Truth022809]

That’s only why longs “think” it is undervalued. Truth of the matter is we don’t know why it is undervalued. Could be that nobody will ever trust Armen and his free enough to put any real money into the company. I wiuld Think he is the only real thing holding banks back from lending money.

[Z-man 811]

ABSOLUTELY, well stated!

[Fat-man]

They could of merged or had a buy out but choose reverse split to uplist
If the nasdaq exchange doesn't accept there uplist we just gave them
A free reverse split.

[fivexshot]

The S/P rarely ever appreciates after a R/S. Look at PACV, it's another RXMD type stock in the Southern California food distribution & sales sector. I've been trading since 1995... And I've only seen it succeed one (1) time in 25 years!!! R/S = Fools Gold. We live and learn; right? I learned. You try to re-invent the wheel. Got news for you though: Time in the saddle is wisdom.