Today, again, about a third of the total volume consisted of short sale transactions.
20121106|RFMK|4878637|0|14184571|O
The short sale ratios have consistently been above a third of the total daily volume and often between 40% and 50% along with overall low volumes on a daily basis with only 1% or 2% of the float trading intraday. I am really suprised at how low the daily volume is and how high the short volume is on a daily basis in RFMK, especially with the MJ vote so close as well as so many possible game changing announcements and/or the 10K filing and 20,000 unit order, etc etc etc, all on the horizon potentially. Its kind of crazy how RFMK is trading right now, just my own opinion. If we assume the market trading at a P/E of about 50 and an O/S at 1.5B, then only using the total worth of the 20,000 unit inventory (assuming a cost basis per unit of $50) gives us over $0.03/share PPS for fair value, yet here we sit at nearly the exact projected per share cost basis for the institutional investor in RFMK, Ironridge, with its 10% stake in the company. I don't really understand what is going on. Does anyone else see something wrong with this picture? I cannot explain it, then again, of course, no one can explain the behaviour of markets, but even so, it is a little bit puzzling from my perspective. At about .002 we are only 1/10th of a cent roughly above the absolute bottom at which this stock traded during the summer months. I realize the O/S has grown and is larger than other MJ stocks but still, something does not add up to me. Just my opinions. What are people's thoughts on this? Anything? Or I am once again, just a lone nut ranting incoherencies on a public board?! 
TIA
GLTA
$RFMK!
