Nonsense. The "technicals" are just a big joke an
Post# of 11899
Nonsense.
The "technicals" are just a big joke and a haox as the PPS and volume chart is painted on the screen by the market manipulators looking to game retail sheeple out of a few bucks for beer money each and every day. With at most about 1/2 of one percent (0.5%) of the shares shuffling shares in wash trades to each other you cannot seriously put any weight into the so called technical analysis. Looking deeper into the puny daily volume that there even is, it is apparent that 98% of it consists of shorting and covering, bogus phony activity. I have shown that in real-time many times already. Why are you so adamant to convince the sheeple that this stock is only good for a "flip"? True there has been massive dilution over the last 12 months, but we have been over the pros and cons of that many many times. There is simply no way to predict the future level at which the public float could be bought up and bought out by the market place of investors/traders. In fact, looking at the most recent annual report, the public float is much smaller than we thought previously, the rest is owned by Ironridge, a few insiders and about 50 shareholders of record of whom I would think are long term shareholders by way of them existing on the company register for so long. Any way you slice it, there actually is not a very large portion of the free float available to the public should there be a stampede of investors flooding in on a rush to buy shares with a skyrocketing PPS and great company news. Can you honestly say you know exactly how many investors/traders could flood into RFMK at some point in the distant future should there be such a catalyst and how the average amount of money they are willing to invest collectively compares to the available shares at that time?! I think not. AIMHO, of course.
You must unlearn what you have learned. The dark side clouds everything, difficult to see the future is.
$RFMK!