Leo.. sorry I couldn't resist..
PE's for a Chinese Knock Off E-Cig should not even be considered at 50.. LOL.. or Higher..OMG... (IMO.. one should always use a PE of 10 to 20 at most, in the pinkies.. keeps your head screwed on "Tight" and "Right" also makes you exit earlier, on time, and with a consistent "Profit")Your 600% figure is "Turbo Fluffed" from CEO wannabe Tom "Dumbazz" Allinder..!!!He put a few fluffy statements in his PR based on what??? NOTHING...
Until RFMK can generate some "REAL" revenue figures that actually "SUPPORT" the business, instead of His, Cheryl's, and Judah's wallets.. people are going to see right through the smoke and mirrors, and RFMK will quickly reach a point of "No Recovery" because wise Investors will see RFMK as a "Huge Fail".. many already do and the number is growing...!!!!!
When I figured out how much Tom is taking from the business, how much he is paying Ms. Shuman, and Judah (who doesn't appear to be capable of selling "SNOT" imo)... I see people that are more concerned with their own selfish needs, over actually building a "Real Business"
If I saw that Tom was taking the low end.. like maybe 75G's.. and if Cheryl (who supposedly already has her riches) was in it for a Hundred to Two Fifty Million Shares.. In which she knew she could build and add Value.. and Judah... well... give him the "SNOT" he couldn't even sell..
The "Right Way" to Start Out and Build "A Real" Business is adding value to the "Business" with one's own "Sweat Equity"... Business Leaders find ways to recruit and leverage similar efforts from likeminded professionals with the same synergistic work ethic. Build an "Unstoppable Team" !!!
Q3 Results speak for themselves... Tom and Cheryl have so many of you by the nads.. you "KNOW" Tom and Cheryl read this Board.. they just keep feeding y'all the fluff.. and way too many of you "Longs" are falling for it...
RFMK is only good for "ONE" thing here....TRADING....!!
There have been (4) 2 Bagga+ opportunities going back to July!
With "impatience" growing here.. plays should be short not long..
"Sell" Signal flashed real Bright on Oct. 8th.. confirmed a few days later.. Any Longs should have quickly exited...Taken "Real" Profits... then could have entered back in when current downtrend is reversed.. then you have an entry point that you can once again work with :) Re-Entry "Mid to Hi" Trips.. JMO..
Catch the Next "fluff" run.. "Win Again"
In and Out without "Emotion"
If you catch a "Mega" run.. then good for you...
WARNING.. In my Estimation.. your "Chilled" True RFMK share structure of "Freely Tradable Shares"s is now well over 3B, maybe even over 4B!!
MM's/Hedgies have likely been dumping about as many shares on Y'all lately as Mr. Allinder has..
"Speculative" on my part.. YES.......
But... I did a lot of "Homework" to back that statement up!
Much of my evidence is already on the board.. but most of you haven't paid any attention to it.. I really wouldn't be surprised to eventually hear there's more than 5B Shares already floating around..
Its all about "Allowable FTD's that stay under Finra's "Limits".
Every week "FTD's" that don't have to be reported, settled, and possibly, even accounted for.. I'm still working on backing this all up with "Facts"
Then all of you say:
Beau RFMK is Trade for Trade.. The Stock is Chilled.. No Way for Naked Short Sales to occur.. MM's have to balance their "Books" ... LMFAO!!
NOT POSSIBLE??? FYI.. what happened to BW over at BBD_ when he picked up a "ticker" with wreckage from the past..
Weber continued, "Once the merger was complete, we found not only did we have a $400k debt judgment against the old company which we were now responsible for but the stated number of shares outstanding was 1.3 Billion shares at closing of the deal. Subsequently, we found out it was more like 7.8 BILLION shares outstanding. In other words, this vehicle had a whole lot of miles on it."
RFMK already has major mileage.. Stated 1.5B OS here.. I wonder how much "Air" is attached to RFMK's Share Structue? How many CEO's has RFMK had??? LOL..
every "Long" here most likely owns more "Air" than paper...
All of the above is shared with you as my opinion.
Good Luck Everybody
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