Thanks for posting a link to that article, goarmy.
Post# of 11899
Thanks for posting a link to that article, goarmy. Informative read, IMO. I agreed with most of what the author discussed and it is refreshing to finally read a piece on RFMK which consisted of negatives AND positives; I think it was a rather nice, fair and balanced article, some opinions but within reason and mainly facts. Good read. If I had to rate RFMK as an analyst, I too would put the stock in the "HOLD" category. I agree that there is just too great a lack of transparency right now as regards financials, but hopefully interested investors can see the books "soon" (within 60 days), so IMO the 200 DMA at $0.002 looks to be a decent stable holding level though obviously the stock will fluctuate with volume about that average. The author made a good point about the fact that the marketcap for RFMK is very low compared to most of the other stocks in the sector, so perhaps the stock has more upside than downside at current levels. We shall see, in my opinion, for any investor to really make the plunge into such a speculative investment, the CEO must first provide transparency via an audited 10K filing; IMO, the SEC registration and 211 to uplist to the OTCBB is just icing on the cake.
Cheers
$RFMK