Leverage102, I like you enthusiasm, share it I do.
Post# of 11899
Leverage102, I like you enthusiasm, share it I do.
I agree seeing this annual report come out is a very good sign because it needed to proceed the audited 10K and uplisting. We investors do not really know what is going on as to the exact timing and sequence of events on the corporate side so it could easily be the case that at some point in the near future, maybe even Monday, we could be pleasantly surprised with announcements about an imminent uplisting to the OTCBB and/or filing of the audited 10K, etc.
There is no way to predict the future share price potential because the stock is very thinly traded and volatile. Depending on how forcefully the buyers are flooding into the stock, the bids piling up could wind up pushing the stock into the stratosphere very quickly IMO. A big factor as to how forceful the push could be I think depends on how many are interested but have remained on the sidelines for so long versus how many interested investors are already in and have their full ideal positions. Based on the recent last two spikes followed by low volume shake outs by the manipulators, I cannot imagine very many already have their ideal positions and I would think many are still on the sidelines, not to mention all of the new investors and traders who could very well become engaged with the RFMK story once certain PRs and announcements are coming out like the 10K, uplisting, new product launch, etc etc.
In my opinion, the audited 10K may contain quite a bit of breaking news for RFMK, like information about the Board of Directors and new executives for RFMK as well as other game changing news which may have for a while now been kept back from the public because of the delay filing the audited 10K. Merger(s)?
IMO this is a very exciting time for RFMK shareholders, supporters and followers.
I have stated before that with such a small percentage of the free float trading intraday but with such big swings in price over time, IMO there is really no good way to predict the fluctuations for the future, so "technicals" are all but meaningless. Anything could happen. Even another institutional firm like Ironridge Global desiring to get in all at once to quickly build a position and own 20% or so of the company, could engage the stock with buying of up to 400M shares and even by some miracle they were able to buy so many shares and still keep the PPS at .005, that would only equate to about a $2M investment. If the general public cumulatively flooded in to buy with about this level of investment, the price could rise multiple times that .005 level, into pennies, so IMO it is VERY POSSIBLE. No one can know the future. Why do you think there are so many bashers on message boards using up every single day of their lives to bash and downplay the potential for RFMK??????!!!! Is it because they truly wish to protect investors out of the goodness of their hearts? No. They wish to keep everyone away from playing in or investing in RFMK so that over time the price falls because of their bashing (or so they hope) and then they can buy in heavily, all at once (in collusion) in order to have complete control of the stock in order to pump and dump the sheeple once they get momentum going; business as usual for the manipulators. They attempt to get momentum going only once obviously great things are happening for the company so that everyone gets excited and buys at levels which are already above where the bashers and manipulators have bought in. I do agree that the daily players and manipulators will likely provide resistance and an increase in their shorting activity at the 200 DMA, however depending on what the fundamentals look like in the next few weeks as things develop, the level of buying could simply overwhelm their fumblings and mow over them like grass quite easily. RFMK could go parabolic at any given time and so IMO the risk versus reward looks rather GOOD here in RFMK. I would put it at maybe .0012 risk to the downside and maybe .0093 risk to the upside, on any given day, and I think even that is conservative. That would mean that there seems to be a much greater chance for investors to make money in RFMK than to lose money. IMO the risk in the stock is definitely to the upside; the stock could skyrocket on any given day.
Difficult to see the future is.
May the force be with us.
$RFMK!