True, no one can know the future, impossible it is to predict, however I have also heard dozens of times the assumption that if by a certain (arbitrary) date there is no news the stock will fall and yet for months and months, even with trading well above the 200 DMA and trading well below the 200 DMA, here we sit one tick away from the 200 DMA. I think that all RFMK followers and investors interested in MJ stocks had extremely high expectations for the performance of these stocks and still do, but because the stocks do not have immediate thousands of percentage point gains, they all begin to express fear and doubt and suggest blanket statements like "confidence" is lost in the company and management when I really cannot agree with any of it; I think it's mere speculation, sorry. First of all the stocks on the PK exchange especially are completely disjoint from the companies and so we could get major amazing positive news at some point and because the group of interested investors in this relatively unknown company is so small compared to the leverage and amount of capital the MMs and market players have on hand to do their thing (daily robbing of the puny retail trader blind), the stock could take a 20% haircut on any given day. Or we could hear nothing for several months and then just when you think the ceiling is in, Boom, NITE decides to play some bot games in the market and volume and PPS explodes and everyone is left scratching their heads wondering what is going on. It works both ways. My personal view and opinion is to just wait patiently to see how this relatively new CEO is going to work this company, remember he has only been at the helm for a little over half a year and already we have celebrity Cheryl Shuman providing exposure for the product in the marketplace, a line of new products in the pipeline as well as the CannaCig selling in real stores across the country, not to mention the promise of transparency (soon) in the form of a 10K filing. So, I don't know, I actually can make a case that there is a lot of confidence in RFMK right now. It is a tricky game using the PPS fluctuations to guage investor sentiment in the current moment. If you are confident though that you can truly know what the real statistical sentiment is as well as the potential for investor inflows into the stock on any given day, then feel free to only get in at the exact perfect moments before the market does and get out at the exact tops and let us hope lady luck smiles upon your actions and lets you flip your way to riches. For the rest of us (long term fundamental investors), we still have a lot of confidence in management, we have had it for a long time and look forward to all of the potential for the company in the future.
GLTY
$RFMK!
