I agree with you about the current management failure to increase shareholders value and looting the company but I believe that the land still has potential and can be developed. Once the First shovel goes in the ground it will no longer be a raw piece of land. Much can be done on that property. (IMHO, long DHCC, do your own DD).
Greed is a fatal disease!! The current management looted the company, they must get kicked out! They didn't show integrity, they don't deserve their positions. If they can stay they will loot again!! Kick them out!!
RMTI is doing better than expected especially in a negative market. Bashers and their owners(masters) are having a rough time!! New underwear are ordered!!
You must get the facts and make your own decision. For me the 300K salaries AND 70K "rent" did it!! Any management that is so greedy must be kicked out! So for me the blue was the right one.
My take on the shelf registration:
- Totally unexpected
- Will most likely put pressure on the stock short term
- I wish they had not announced it
- The potential dilutive effect will all depend on if they sell any shares AND at what price? There are examples of shelf registrations that have not happened a couple of years after the announcement(SILC comes to my mind) and some that they have.
- If they sell any shares near current price levels it will not be logical in my opinion and very dilutive but I seriously doubt that they will, time will tell.
- If they have filed the shelf registration in anticipation of future deals and at higher prices that may be justified depending on what they would do with the funds.
- Overall a potential negative short term and may or may not be a factor in the long term depending on if they actually sell any shares and at what price AND of course what they would do with the funds if they raise them. (IMHO, long RMTI, Do your own DD).
One more thing, we know that we want to pay attention to the daily volume. The higher the volume, the more meaningful a move may be.
Regardless of this being a major breakout or not(probably we will have a few false starts before any major breakout), don't get fooled by bashers that try to give investment advise. They have an agenda and they are here to please their masters. If you are an investor you should not be concerned with short term moves, up or down. (IMHO, long RMTI, do your own DD).
You are welcome shortsgondown. As far as I know this approval is not related to the price, it just puts it in the system for reimbursement. GLTY
My understanding is that in order for the company to get paid from Medicare/Medicaid Triferic needs to have a "code" or" reimbursement number", that number was approved. Another step is taken towards the launch.
As you may have noticed I do not engage with these characters, it will play into their hands. I wish others would not answer or rate their postings either, if they don't have an audience they will get lost. Thanks for the kind words.
When someone posts every five minutes ask yourself if this person has a job, responsibilities, work to do or this IS the way they make a living???? How can a responsible, useful member of the society has so much free time to post every 5 minutes?? Is this character a humaniterian???? No, has an agenda!
Don't be fooled by the basher that tries to give you investment advise!! It's a deception to gain your trust. I don't claim to know if this is the break out that the longs have been waiting for, no one really knows but every day that passeswill be a day closer the launch. Short term anything can happen but long term the odds are great for longs. DON"T ENGAGE WITH BASHERS, if you do you will help them to make a few more pennies with each posting to please their masters. These are pathetic useless hired hands to separate people from good stocks. (IMHO, long RMTI, do your own DD).
You must have read someone else's postings, I was not a cheerleader for anyone. I always believed and still do that the location of the land is valuable. The current management failed to get the job done, some of the reasons were not in their control and some were and they couldn't get it done. Also, when I saw where most of the money that were raised went that did it for me! I can understand some modest pay but not 300K per year AND 70K for "rent"!!! For a company with no sales/ earnings diluting shares at such low prices and paying hefty salaries and rent is not RIGHT!
A case can be made that at this point the larger the short position the better, at some point these short positions MUST be covered and that can/fuel the buying pressure. Of course the shorts can/will hang on unless they are forced to cover. Interesting weeks and months can be ahead.(IMHO, long RMTI, do your own DD).
Simply the organized shorts! They don't want the stock to pick up momentum to the upside. They will do whatever they can (Lie, steal, cheat) for this purpose, but at some point the dam will break! Always does!
Some on this board have been talking about "Organized Shorts" for some time now. This is exactly what was meant by that. The hired bashers say and do anything for money, they have no integrity just like a drug dealer they just want to please their masters and make money. The good news is that eventually the music will stop and they disappear and do it all over with another stock. Ignoring them is the best remedy, they try to engage with other posters but when they have no audience they will get lost. Usually they get paid by the number of posts.