Replies to post #134 on RMD Technologies, Inc. (fka RMDT)

[Brad1177]

RMDT: hi Joe, well to answer your question. There is only 24,000,000 in the RMDT float.

So, mm's can borrow shares to trade when they do not have any from peoples account, UNLESS they are "tied" up in a sell order.

Thus when you put all your shares in a sell order for ie: at $10.00, the mm's can not borrow them. Thus it makes the tradable float even tighter and forces them to get shares at a higher price.

.20 is VERY obtainable. If you look at the Level 2, the Ask prices now are:
.0238
.029
.029
.04
.20 cents

So we only have to buy up the shares that the first 4 mm's have to get to .20. Make sense.

So, the more we buy/hold/accumulate = a higher PPS
So, the more we hit the Ask = a higher PPS
The more of us that put our shares for sale at $10.00 = a higher PPS
The more we spread the news on other boards here and vote for RMDT (see my post from last night) = a higher PPS too.
The more we put RMDT in our post the more it will show up on the Buzz ticker board.

Don't forget to mark the RMDT as a favorite too to increase the board marks.


Let's get to that .20 cents!

Team work is very important in making money here.

GLT-US!

BRAD

[Tigerman70]

AVg Joe, As Brad mentioned, putting sell orders in at a higher pps prevents MM's from being able to borrow your shares. This in turn tightens up the float by making less shares available for trade. In theory this will cause buying pressure and upward movement on the pps.

As for can this hit .20?. Yes it has that potential. RMDT trade at .51 just back in february on news about its electric car production. I was informed that there will be an update to this sometime in the near future as according to the pr in february productuon is suppose to start in Q4 2010. With any positive news on production of the electric cars and a small float, this definitely has the potential to hit .20 or higher as evidenced in the past.

I cant say for sure where this stock wil go, but to answer your question as to is .20 obtainable, just based on past history yes it has the potential to hit that .20 pps.

Only time will tell excactly where we go, but so far we are looking good. Support levels have been built at .01, .0145, .017 and apparently this morning .02 over the last 7 or 8 trading days.

As always these are just my opinions and i wish all of us here a bright future with RMDT