systematic bounce in action. See you at $1.30 to $1.50 within the next 14 trading days. Thereafter, $1.50+ fueled in part by anticipated announcements. The next 50 cents is HIGHER, not Lower -- all short insights, notwithstanding.
on a % basis, this is way over-sold. See you at $1.30 to $1.50 within the next 15 trading days.
Thereafter, $1.50+ Fueled in part to positive customer / pipe announcements imo.
yes, $3 is a stretch + may be at the high end of a reasonable range. but i believe 2+ is very credible target by year end. think of it as counter propaganda....
Yes, this was handled poorly by Management / BOD.
Yes, there is a reason to be #$%$, particularly for any L-T holders.
That said, the Company needed to address their debt and once the egg moves thru the snake (re: stock absorbing the volume and all "punitive"/emotional selling re: the financing), I fully expect RMGN to bounce back to a reasonable level -- ahead of new positive announcements.
That, that sucks, I hope Management understands that they need to do it better re: IR.....
This stock is $2+ with minimal good news imo. For those patient, there's a Pony here.