| $RXMD | P:0.1131 F:? MC:2.7-47M |
OTCMarkets says Market cap is 47.2 M but Yahoo finance says its Market cap intraday is 2.7 M. First green day after 3 consecutive down days,up 38% after letter from CEO released saying all shares by insiders have not been sold due to contracts in them being in a vesting period. Weather this is true or not is pretty insignificant because its basicly a promotion by the president to keep his investors interested. In the letter he even told his investers to dissallow shorts to borrow their shares with their broker. He's trying to keep the value of the company up. I'm in at $0.114, currently sitting at $0.113 with a lot of support. I think it can at-least test Thursdays highs of $0.13 if not complete a cup and handle up to about $0.15 depending on the interest. |
And plan to expand into other states. They have license now in 15 states. YAHOO Finance chat room for RXMD has some great articles with solid information.
Nice company to consider LONG HOLD.....
I've considered a multiweek or multi day holds, but the long term chart of RXMD isn't pretty enough for me to hold, wrong side of the hump for a long term. it looks like its going lower and lower with occaisonal bounces, will need substantial news to recover it's highs which is the only plan id want to hold for so long. When news drops, i can get in low and sell high intra day, taking singles not long term home runs. Im better at reacting to the markets reaction than predicitng it
If you do Research on this company it’s solid. The goal of this company is to list on NASDAQ. PPS has to be a minimum of 4.00 to list. I have 15000 shares and will add to it each time it dips. This company patented the company model and will be a leader in Pharmacy industry
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