Yes, here Coffeenut. I think you are right about t
Post# of 11899
Yes, here Coffeenut. I think you are right about the overall market being down because of the fiscal cliff worries, but the indices are not very far from the annual highs so it is reasonable to expect a pullback or correction at some point. On the other hand, if we get a fiscal cliff deal and Europe solves Greece, Spain, etc finally, once and for all, with no more caveats, then perhaps the global markets could even rally big into and through 2013. On historic valuations, most of the equities are trading at reasonable prices, actually, with P/E's hovering around 12. The recent volatility has been increasing as we near the "cliff" and so typically the VIX is inversely correlated with the indices. Basically the US market tracks the futures and the futures traders just set their bots to track the Euro currency, pretty much. This entire market is very thin, extremely low volumes and over 90% of what volume does exist, consists of bot trading algorithms fighting over fractions of a cent. The small retail investor and even many with retirement accounts have left this market a long time ago. Look at fund flows, mostly OUT since the 2008/2009 crash. This dwindling volume in the market has caused the trading of stocks to be more volatile and easier to manipulate for those firms with large capital looking to play daily pump and dump games in the market, using various stock tickers as trading vehicles, like trading baseball cards. Look at the "flash crash", that was a rare look behind the curtain. The alleged bids holding up the collective aggregate of stocks is really just a lot of hot air, propping up market prices and there is nothing really underneath, no long term investor bid support keeping the company stocks priced at certain valuations, its all just whereever the rigged algo-bots wish to move the stock prices on any given day, based on daily headlines. The US dollar is being artificially propped up by the largest manipulators all the while the FED prints tens of billions of dollars a month, diluting US citizens in order to bury the large banks with money so their toxic assets and losses are swept under the rug and the citizens pay for it indirectly by way of higher food and energy prices, which eventually will trigger hyper-inflation. Gold and silver are once again getting manipulated down, even as China and India continues to buy more and hoard all they can get their hands on. Poor saps are getting lulled into throwing all their hard earned money into worthless bonds and Tbills which are also artificially propped up by the governments own buying power. Once they dilute the money supply so much so that the US dollar is in a tail spin and they represent 99% of the buyers for the bonds themselves, the bond bubble will collapse and I suspect all that money will flood into stocks. This is the dynamic the "experts" are not talking about but it's on purpose; why would they want retail "muppets" to know the real truth, that companies with real assets and income streams will be the only entities with worth and their relative values will likely sky rocket in the future? They want to shake the tree as many times as they can and get rid of all the "muppets" so they can grab all of the real value for themselves, stock in real companies, then once the entire monetary system collapses, they own not only all of the real estate and commodity (hard) assets, but also the companies doing extremely well, even in a weak economy.
Who knows if RFMK or any of the other Pink Sheets stocks are in any way correlated to the overall market. I have my doubts. I think that there could be a possibility of increased margin calls when the market is in its moments of free-fall selloffs, which tends to have an impact on what gets dumped by traders to free up margin and raise cash, however lately the downtrend has been orderly and so I do not think any recent gyrations for RFMK stem from the overall market.
Personally I think that RFMK is somewhat insulated from the "fiscal cliff" worries and what happens with the overall market because with the PPS so low here, at this point, the future RFMK stock performance is basically a binary "play". Either they accomplish the goals set out by management, get the audit, file the audited 10K, get uplisted, sales and revenues flowing, marketing in full swing, MCM taking off with Cheryl landing huge contracts and deals and the corp really showing results quarter after quarter, OR, none of that happens and there is just more dilution with more promises and quarter after quarter goes by with feeble revenues and the bashers still screaming at the top of their lungs that it is and always has been a share selling scam. If it goes nowhere then it goes nowhere, oh well, like most pinkies that fail the investor would simply just have to pick up the pieces, learn from it and move on, but if RFMK actually performs well, then, hey, the sky is literally the limit! No matter what the overall market is doing, I can imagine a sky rocketing RFMK stock!! Who knows what the end of 2013 share price could look like if they really hit the ball out of the park. I think this risk to the upside is what is not being talked about and getting missed by many on "other" boards. The potential for RFMK is HUGE! I am not really sure what those who say the "10K is never coming" or that RFMK is "nothing more than a share selling scam", etc, are thinking, or how or why they think the rest of us are so ignorant to just blindly believe what they purport. Its obvious that RFMK has many paths, and they are all possible. As a dedicated long, I am hopeful and see the potential but as a disciplined investor, I can also see there is major risk in owning a pinky and always leave room in my opinion of the company to think that there could be that bad possibility that it is all just "a lot of hot air", etc, but I for one think that once the company PROVES themselves with an audited 10K and growing sales and revenues then perhaps the longs can stand on more solid ground in knowing that RFMK is the real deal and positioned to do great things. The bashers and scam artists can rant all they want about their rather suggestive and aggressively negative heresay about what they think of those of us who are positive about the company, making claims that we attempt to get other investors involved so we can dump on them and get out at higher prices, etc, they can bash the company and management all day, but in the end, it really does not mean a thing. RFMK will either succeed on their own merits or they will fail as a business. I hope they will succeed and as a long term loyal shareholder I think they will be a success but I do still know it is possible that they could fail. I am willing to be patient and wait for great things to come for the company, however as a loyal long, one thing I absolutely require in order to hold for the long term is, of course, TRANSPARENCY. Filings and proper financial reports, etc, are not bonus positive catalysts for traders to use to flip, they are basic requirements for credibility so investors can invest in the company. The company needs to seriously become aware of this point and act accordingly. We all realize there have been delays in the audit and 10K filing and much of it probably was not in the CEOs control, however at some point investors must declare enough is enough and demand proper accounting and reporting. Though I personally believe that this awareness IS in fact on the mind of the CEO and that he is actively working on rectifying this aspect for investors. Every investor needs to do their own DD and buy/sell based on their own decisions and not be swayed by pumpers or bashers posting for their own agendas and motives, which are typically questionable and highly suspicious, especially when such arguments are obviously and overtly negative or positive about the company. Only a balanced approach will lead to "the truth" for those geniunely interested in the company and who are going long in the stock.
I agree, Rome was not built in a day. "Brick by brick", RFMK continues to make strides in becoming a real company. I think once uplisted and fully reporting along with decent sales and revenues and better optics for the company, the stock, slowly, over time will have the potential to follow the success of the company. For now, we are still in pinky land which is akin to a side show of circus clowns picking the pockets of children drunk off the excitement of the last roller coaster ride. The daily tape is a sad joke and I think the bashers and manipulators use the fluctuations to manipulate sentiment for their own agenda and I think it's pathetic, weak and immoral.
ALL JUST MY OPINIONS, of course!!!!
GLTA!
$RFMK!