What is your calculus on the "head count"? Fine if you disagree with my guesstimations, those are just my opinions and wild speculation but I thought I just throw out some numbers to start off the conversation, as I usually do. How do you see the float stacking up? I just cannot see how it could be possible that the 1.7B O/S is "locked up" or in "strong hands". I happen to believe that those who happen to be long term loyal shareholders, like you and I, are indeed "strong" holders, but I just am of the opinion that altogether the longs of whom have a KFG on their shares may not in fact be holding an aggregate share block which in any way shape or form even comes close to the blocks floating willy nilly out there and getting flipped and traded in the breeze every day. Just my opinions.
I think it is total amusement and laughable to think that this stock (right now) can be analysed or predicted in some way via technicals, etc. IMO this stock could fly to pennies or go down to triple zeros or no bid on any given moment. Right now anyway, it is simply acting as another pinky trading vehicle for MMs and market players who think they are so clever playing their little psyche games, yet there is so little real retail money changing hands in the ticker, its almost a joke for them to even be so engaged every day playing for beer money. Its just a sick joke. Understand I do not why they insist on pumping up artificial volume on this ticker every single day, 365 days a year.
I do agree with the general notion that there likely are interested parties for the long-term prospects in RFMK. I think that could eventually at some point turn the tide for the stock and pull it out of the gutter and let it trade more reasonably and at a more decent valuation but I think that only happens once investors can trust that the company is on a good path and providing the market with transparency, perhaps even trading on the OTCBB. Until then I think it is quite apparent that for now this stock is being completely manipulated by the market manipulators and pumping it up with phony volume every day and crashing it on phony volume every day just to shake the "weak hands" and/or game what puny retail money is attempting to day trade it on any given day. Personally, I think they need to give up and get lost, and go elsewhere to make their lunch money, perhaps flipping currencies. I myself am making a small fortune lately day trading the EUR and JPY. To the poor souls who are fooled into thinking RFMK trades with real volume each day and that when it goes up "investors" are accumulating and when it falls either "investors" or management is "dumping", I can only feel sorry for because it's all smoke and mirrors my friend, AIMHO, of course.
The dark side clouds everything.
GLTY
$RFMK!