Illest, time will tell. No one can know the future
Post# of 11899
Illest, time will tell. No one can know the future, difficult to see it is. Many of the bashers always rant that the stock is definitely going to trips, many of the pumpers always say its definitely going to 5 cents, 10 cents, 20 cents, DOLLAR, etc, but IMO I tend to think it at least has the potential to go to multi pennies (depending on corporate accomplishments) and it also has the potential to stagnate as it has near par value. So I think it's all up to management, if they perform, theoretically the stock should follow suit over time (gradually) and if they don't perform then likely the stock wanes and slumbers down here at a mere 50% premium on par value, which as I have said in the past seems like a joke, just ridiculous. Many of these so called MMJ stocks out on the market do not even have a real product and their financials are a nightmare of debt and no revenues, etc and yet they trade in the pennies yet RFMK has positive equity and a product out on the market yet trades near par value near the trips. Its kind of crazy when you think about it, just my opinions. Though when an unknown PK stock with a huge float is attacked daily by short selling bashers and friends, even if they constantly cover on the same day or a few days later (so as not to accrue a biweekly open short position), you can see where the PPS goes over time; down, way down. It's called "cellar-boxing", look it up. I believe the CEO must step up and provide real corporate accomplishments beyond what he has already accomplished for the big money on the sidelines to put trust and capital into the stock. All just my opinions, of course.
GLTY
$RFMK