He who knows he knows, knows not. He who knows he
Post# of 11899
He who knows he knows, knows not. He who knows he does not know, knows.
No one knows the future and I myself cannot predict the future stock action. I have no idea what the dark forces have planned for the stock in tomorrows action or how much capital they are willing to use toward the ceaseless shorting flipping manipulation operation in the stock, versus how much capital moves into the stock via real accumulation. It is entirely unknowable. If I was forced to come up with a guess, I would say, so long as volume remains low, 10M, 20M, 30M shares intraday, then the manipulators have total control so it will all be dependent on which PPS level they wish to close the stock. I think the retest of the 200 day moving average is a safe bet, so perhaps zero change on maybe 15M to 20M shares. I would think we would only see dramatic price appreciation if there exists intraday competition for shares, though this I think only happens on at least 10% of the float trading (100M shares). Any day the volume is a mere 1% or 2% of the float (dividing out the shorts and cover volume), I happen to think is a non-event and inconsequential. Just my opinions.
Many bashers seem to think that large firms and/or insiders who allegedly have 100M stakes from conversions of free trading shares are getting the executives to issue false PR's so they can dump; the classic pump and dump operation. But this kind of naive speculation does not stand up to scrutiny because any insider looking to dump tens or hundreds of millions of shares into the market would look to first pump the price up quickly and sharply to instigate higher volumes (PK traders rushing in on the move) and typically they do this via ad promos for the stock, etc. This has not happened in RFMK. The price has moved up from triple zeros on steadily increasing volumes and bid support over a long period of time on no particular news events, just simple base building (solid stair step action). That fact cannot be denied or overlooked. It is worth it to insider dumpers in those so called share selling schemes to spend a few thousand dollars on a few ad promo pumps to get major volume into the stock so they can dump. This has not occurred in RFMK. The bashers will tell us that Ironridge is holding so called free shares that they are looking to dump ASAP. Let us look at the facts, it is fact that Ironridge obtained 143,500,000 shares for the equivalent of financing of $643,000, which has a cost basis for those shares at about $0.0045, so much for free shares. Its true that the shares are common shares so they are freely trading shares; they can be freely traded. But its obvious such language is used to purposely deceive the weak minded. Any wild speculation or conjecture that insinuates that Ironridges shares were ever preferred shares and were converted or they were restricted 504D shares at some point is just that, wild speculation with no evidence or basis of truth. And the CEO could be a martian alien with reptilian eyes. No one can prove it is NOT so!!
And the games continue..... LOLzzz
$RFMK!