Posted On: 06/26/2012 7:20:18 AM
Post# of 11899
Been in RFMK since May of last year. I came across RFMK while doing some DD for $FIO which you, Matty S, TopDog and maybe a few others here were invested in back then. Bought and flipped my initial PFMK share purchase when it shot up 100% in a day. Not a bad day's grab. Kept it on my watch list and bought back in at the bottom am I have held and built on that amount since.
Of course I still have more than a few shares of $FIO locked down by the DTC which they so thoughtfully did because they care about me the investor...not! I am not sure about you or the others but when the chill initially hit RFMK I got a little déjà vu and almost sold off my position. Thank goodness that I am a stubborn SOB that doesn't like to go against my instincts because I held.
I am with Z06 on his analysis. Discounted shares are still being used by the MMs that bought them to manipulate the PPS to their advantage. If the right PR comes out (likely) or a whale or two see the potential and invest early (not as likely), then the subsequent added volume will be harder to manipulate resulting in a strong and steady rise on PPS.
Product is out and selling fast. New products in development that will add more profit once released. The next Q is going to be important to show forward progress and every subsequent one should show improvement from the last. November election time will be huge. Every year the crowd becomes larger and the cries louder for legalization. What happens in Colorado this November has the potential to set a huge precedence and can help build momentum for other states to follow suite in attempting the same.
RFMK's clientele will just continue to grow and when global sales can be accomplished for RFMK products then the sky is the limit!
GLTA and GO RFMK!!!
Of course I still have more than a few shares of $FIO locked down by the DTC which they so thoughtfully did because they care about me the investor...not! I am not sure about you or the others but when the chill initially hit RFMK I got a little déjà vu and almost sold off my position. Thank goodness that I am a stubborn SOB that doesn't like to go against my instincts because I held.
I am with Z06 on his analysis. Discounted shares are still being used by the MMs that bought them to manipulate the PPS to their advantage. If the right PR comes out (likely) or a whale or two see the potential and invest early (not as likely), then the subsequent added volume will be harder to manipulate resulting in a strong and steady rise on PPS.
Product is out and selling fast. New products in development that will add more profit once released. The next Q is going to be important to show forward progress and every subsequent one should show improvement from the last. November election time will be huge. Every year the crowd becomes larger and the cries louder for legalization. What happens in Colorado this November has the potential to set a huge precedence and can help build momentum for other states to follow suite in attempting the same.
RFMK's clientele will just continue to grow and when global sales can be accomplished for RFMK products then the sky is the limit!
GLTA and GO RFMK!!!
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