Reading all the negative comments is getting boring! The same posters who are nothing but hired financial thugs are getting louder each day, and are trying all kinds of scare tactics. Same characters were making a lot less noise when RMTI went up piratically every day for several weeks. The psychology of money and investing is so that many use the stock price as the norm for everything and their decision making process. If the stock is up, then all is good, and if the stock is down, then all is bad, or something bad must be happening or about to happen. The fact is that on any given day the price reflects the ratio between buyers and sellers, for that day! There is no guarantees on any stock, NONE! However, investments with above average returns take time and go through ups and downs.
I , like many only know what is out there publicly about the company and the stock, I also do research on my own when possible. This past weekend had a chance to talk to a dialysis Dr., not only he had heard of Triferic, he also thought that it will be good for patients. This was his opinion, and I take that as it's face value.
We can not ignore the role of organized shorts in RMTI story, there are more than 10MM shares short and they need to do something. If Triferic will be a success story, then time is against the shorts and they will do whatever they can to bring the price lower, each Dollar is about 10MM worth.
My guess and hope is that the recent decline is partly related to the market weakness, partly because the stock had gone up about 100% in a few months and partly related to the short related activities/manipulations. Is there a chance of negative news or set backs?, of course there is, but there is also a chance that the above factors have caused the decline and that the fundamentals are intact. By holding or buying more if I can, I vote for the latter. (IMHO, long RMTI, do your own DD).
The drop in the share prices is unpleasant for longs, however the music for the shorts at some point will stop. From the 9 low a few months ago the stock, after the recent drop, is still up about 65% on no major news. If some of the expected good news come out then the longs may get another chance for a dance! I learned long time ago not to get too excited when an investment goes up and not too unhappy when it goes the other way. I chose to ignore the noise and keep the fundamentals in mind. I, like everyone else don't know when the stock will turn up but my bet is that it will. (IMHO, long RMTI, do your own DD).
Since there has been no news since Friday evening (none that I was able to find), it will most likely be a non event. (IMHO, long RMTI, do your own DD).
The bashers are happy!
They are jumping up and down with joy and their masters are happy too. For a while when RMTI kept going up day after day after day, they were in pain, now of course the shoe is on the other foot. Never a pleasant experience for longs to see profits shrink or see losses but this is a part of long term investing. Again, no one knows what the price of a stock will be the next day, week or month but as long as the fundamentals are strong/favorable, I stay with the investment. There are several factors that we know and may be some that we don't know. Anyone who buys/holds biotech stocks, especially small caps they must expect volatility, and especially in a shaky market must have a strong stomach otherwise they should not be in them, they can go up fast and can drop even faster. I have learned not to get too excited when a stock I own goes up and not get depressed when it comes down. Time will tell the real story. I have also learned to keep the noise out and think for myself. Never buy or sell a stock because of posts on a message board or a whisper in a party . (IMHO, long RMTI, do your own DD).
It may or may not be a mistake. If there is no news out chances are is a mistake or manipulation, if any news is out then it could be real. Monday morning is not that far away!
The following are some of the reasons that Rob and Rockwell should be investigated:
1. The company managed to get Triferic approved by FDA without a major partner
2. The company has no debt
3. The company has more than 50MM in cash
4. The sock price is up about 60% since March/April 2015 (after being up more than 100%)
5. Triferic has potential for a number of other indications including cancer
It just keeps getting worse!!
I chose to ignore the garbage posts and noise made by paid bashers. The more they post, the more pathetic they sound. (IMHO, long RMTI, do your own DD).
Correction: I should have said keep your eyes on the POTENTIAL prize. I, like many others do not know for sure that Triferic will be a huge winner, however based on my DD the potential is there for the drug to be successful or even very successful. There are risks and potential rewards with any investment. Based on my DD, the risk reward ratio for RMTI seems to be very favorable. Time will only tell how my investment in RMTI will do, so far so good. (IMHO, long RMTI, do your own DD).
Bashers are at it again with posting garbage and untrue statements. To start a rumor they post that "There is a rumor...", how pathetic!! If these characters had any information, they wouldn't be paid bashers who work for pennies per post!! Keep your eyes on the prize! No one knows what the stock will do next hour, tomorrow or next week. Think for yourself and don't get manipulated. (IMHO, long RMTI, do your own DD).
Thanks for your post. I tried to find the article but the last issue they showed was July 7, 2015. Would it be possible for you to post a link or a few lines about the content? Thanks in advance.
True, but unless there is a huge level of sales/usage off the bat it may be difficult to achieve meaningful positive numbers in Q3, just my opinion.
Agreed. During the last shareholders' meeting, management indicated that positive earnings were expected after the launch of Triferic.
I don't think that Q2 will show positive earnings, although it may show a shrinking negative number. Personally, I will be pleasantly surprised if we show meaningful positive numbers till Q4 2015 but I don't believe that right now the price of the stock is driven by Q2 or Q3 earnings or lack of it. It's all about the launches and how successful they will be. (IMHO, long RMTI, do your own DD).
They don't ring a bell at a bottom or at a top, whether short term or long term. The pessimism level on this board is much higher than a few weeks ago, from a contrarian point of view that can be positive. Whether this down move is about over or has more to go no one knows, but each of us must decide if we are a trader or an investor. Different rules apply. Also distinguish between price and value of a stock. Price is a function of supply and demand at any given time, value is related to the fundamentals and is built over time. No doubt that some will call this pumping but that is not my intent. (IMHO, long RMTI, do your own DD).
Your post is pure speculation, " price will.......", you can only say WILL if it is a fact and it is NOT. Like everyone else, you don't know. Of course if you would like to see the price lower that is a different story. You would happen to be short or work for someone who is, would you???
I am bullish on the stock in the long term, but how can you post with such certainty and encourage folks to buy?? No one knows what the stock will do tomorrow, next week, etc.! You are dealing with people and their money, just cheerleading is not going to make the stock go up, buyers will! And Fundamentals will.
How dare you say anything positive about RMTI???(LOL). Don't you realize that we are "pumpers"? Don't you realize that the stock with 2 pre launch drugs and many MM's in the bank is not worth anything?? A stock that went up more than 100% in the last few months is not allowed to give back some of the gain? Didn't you receive the memo that the sky is falling?. You are right, there is much BMW going on on this board ( #$%$, Moaning and Whining!). Thanks for your post.
Get your facts straight, I said the stock appreciated about 100% within the last few months. Go back and see where the stock was in March/April 2015, the low was about 9 and the recent high was 18+, if your education allows, do the math! And don't accuse others of being dishonest.