Exactly the story here IMO for RFMK is that the horse left but forgot the cart. And now that said reality is that there are going to be many RFMK shareholders that will really be left holding the bag IMO of course.
Hope??? Wrong word when you play the pennies. I learned that a long time ago on some other very similiar plays such as RFMK. These stocks such as RFMK, IMO are meant to trade - in and out - take what you can get and then go it all over again. Yes one may leave a little money on the table but if done with a proper trading strategy -green is always good regardless of the amount and certainly green is better than red. And red IMO is what many RFMK'ers will be seeing.
IMO the RFMK turned the corner and its back on the RFMK shareholder back in early February, again IMO; and that is when I went from a long RFMK holder to a RFMK trader.
Now it's a matter of playing wits with the pro RFMK'ers. I have another cannibis stock but even there I have down sized to some extent - still hold a long but I've trading the hell out it as well lately - scoring some good action and almost have free shares.
But here with RFMK - IMO not even worth a trade any longer. RFMK Management need to get their chit together but IMO I'm afraid that is not in the cards based on prior track records on those assoicated with RFMK and the actions by RFMK since January.
AIMHO
Kels