I think its important for shareholders to keep a disciplined view as regards expectations of stock performance but at the same time I also disagree with most of the overtly negative views on the supposed limitations of the stock into the future. The truth is, no one knows the future and no one really knows what could happen to the stock price over time as the company grows. Many of the naysayers want you to believe that RFMK is just another stinky pink pump and dump scam so they advise you to just "play" the pump and dump, not to fall in love with the company, as they put it, and they give these suggestions and advice all the while assuming it is just another pump and dump scam. Talk about questionable motives and intent, wow! They would have others "playing" stocks they assume to be pump and dump scams! They literally suggest traders get into and out of stocks that are tied to companies they think are total share selling scams! Think about that for a second. Its rather amazing what these questionable characters will say on an internet message board so as to turn investors into flipping zombies so that its easier to sway sentiment week to week, day to day, which also makes the stock more volatile and more exposed to their shorting and bashing methods.
The truth is, there have been many many failed companies and start ups in the micro cap world. The truth is, there have been many successful companies as well, which have gone on to trade on the NASDAQ and other exchanges and become large cap companies. Just look at :
CNQR Concur Technologies Inc
CCK Crown Holdings Inc
MYL Mylan Labs
GMCR Green Mountain Coffee Roasters Inc
All of these were once penny stocks trading for a penny years ago and now they are major companies. Imagine if you were one of the smart investors who got in early with a boat load of shares on the cheap in any of those and then just held for years. A decade ago most of them were trading in the pennies and now trading north of $20, some $70. Its easy to call every micro cap start up struggling business out there a scam and a share selling scheme when all they can do is offer shares to fund operations and get the business going, but there are success stories. RFMK looks to be one of those success stories in the making right in front of our eyes. The key now for long term investors is to get in before the explosion and hold long term for the future when the company could wind up turning into a major large cap stock.
No one knows where RFMK is going or how well the stock could perform in the weeks, months or years to come but I think it is rather unwise of the so called stock saviours to tell us all that RFMK has no chance to make it big. RFMK could go to pennies, tens of pennies or even past one dollar over time, no one can say. For the mid term dynamics of the trading, it really all depends on how many buyers come into the stock and how many are the average number of shares each potential investor wants. No one can possibly predict the demand for the shares in RFMK over the next few weeks or months. If there happens to be thousands of investors wanting in the stock could literally sky rocket. If we assume for a moment that flippers play a mitigated role in the trading and mostly hundreds of new long term investors want in. Even at a half a penny price, a rather average and conservative $5,000 investment would be for about 1M shares. The float is at about 1B, so if there were only 1,000 investors with very small average sized stakes, the float would already be completely locked up and the price would go parabolic. Last time I checked it appeared there were only a few hundred shareholders of record and RFMK is still a very unknown stock and company so with just a small level of buzz for RFMK, a flood of investors could come rushing into RFMK very quickly. I think many underestimate what could eventually be the demand for ownership in the stock.
As for valuations, even assuming the $1.5M in funding the company obtained, along with the zero liabilities, no debt and about $300k in assets, if we round up to $2M in worth versus a 1.4B O/S, and assume a high growth P/E multiple at about 50, the fair price for the stock is at about $0.07/share. And this is just assuming net worth for the company that we already know about, what happens if the company announces massive sales for Q3 and Q4 of this year? What happens if the company provides full transparency with 10K filing and fully reporting status and uplisting to the OTCBB??!! $0.10, $0.25, $0.50, $1.00, $2.00, etc it matters not, from my point of view, the fundamental growth path that management has laid out and is executing for RFMK is what matters and its what will drive shareholder value going forward.
What could RFMK stock pull off? ... Anything! Anything is possible!
GLTA!
$RFMK!
