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  4. Rapid Fire Marketing, Inc. (RFMK) Message Board

Today about a third of the total volume consisted

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Post# of 11899
Posted On: 11/05/2012 7:14:24 PM
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Posted By: EliteYoda

Today about a third of the total volume consisted of short sale transactions.


20121105|RFMK|6898750|0|20398318|O


Just my own opinion, but I find it rather suprising, at this late stage in the game, with the elections and MJ vote tomorrow, that the stock would only be trading slightly less than 2% of the float with only one more trading session to go. Hmmmmmm. I guess volume of 20M shares intraday is better than the anemic volume of 1M, 2M and 5M shares which were trading when the stock was half the price it is now, but still I feel that 20M shares is still quite incredibly low low volume considering all that is at stake with this election cycle and the huge game changers for the MMJ sector on a whole which could mean massive revenues coming to these stocks, like RFMK, should even one of the MJ votes pass. Many have expressed their opinions that all of the other MMJ stocks have had their runs and RFMK has been left behind, but I tend to disagree. I think that the hype for the election "momo" was overblown and that this is just the beginning. The other MMJ stocks have 1/10th the size floats compared to RFMK so investors looking only at percentage gains over the last few weeks are looking at a mirage. On a relative basis, those other stocks have had though larger portions of their floats churn and trade hands versus RFMK, IMO. But at the same time the other stocks have daily short volume ratios which often do not even exceed 10% and typically are much lower than that, yet for RFMK the intraday short sale volume ratios have each and every day for months and months been above 33%, typically hovering between 40% and 50%, which is astonishing in my view. I think this unhealthy trading, flipping and manipulative action has overwhelmed the retail buyers and traders to the point where they are staying away and steering clear of RFMK until realized positive fundamental developments actually are announced. I have a feeling that there is a lot of money on the sidelines waiting to pile into RFMK. Of course as a long that is a rather obvious sentiment to have but just looking at the stock performance, or lack thereof, and the volume and the daily short ratios versus all of the company developments in progressing on its business plan over recent weeks and months makes me think that not much potential has been priced into RFMK at this point, especially with so many possibilities going forward. All I can say is, nice it is to already have my box seats and opera glasses sitting and waiting for the curtains to open and the show to begin! I know I would not want to be in a position to be forced to chase this stock in the next few days should the market realize it has possibly missed the boat big time and need to pile in all at the same time into RFMK as it sky rockets!!! I guess we will see what happens.


GLTA


$RFMK!



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