Benihana, I've freed up resources in my retirement account and will attach a small trailer to one of the trucks I've backed up. Can you suggest a price for me to pull the trigger?
I meant CEO
Good job Rob you set a new low record for you lack of skill as a coo
Daniel, I agree with your post about the current price target being on the low end. Certainly, TAO is not factored in and if attained, price levels will be so much more north than here. This goes back to my post last week. At these price levels and the potential, benihana I said POTENTIAL, for Rockwell to develop into a fast-growing company, there is little downside risk and the upside is wide open. Getting ready to que up Beach Boys "good vibrations". In the short term and absent news, we're still subject to manipulation by the MM and Morgan Stanley and Adam F hit pieces. Those days from these clowns are certainly numbered though.
And furthermore, I think we should put up a statue to "THE COOT65". He has sat at his computer for hours on end trying to get Rmti's PPS up by punching the "up" button.
PUMPS, now that we have taken down statues of Robert E. Lee, can't we substitute a statue of ROB CHIOINI? Today's close was $6.29 DOWN only 28 cents from the close on May 1, 2006. That's not much of a loss when all you have to sell is snake oil.
One vibe, two vibe, three vibe, four....
Don't get caught behind the Rockwell closing door.
Rockwell Medical Price Target Announced at $11.00/Share by IFS Securities
Dow Jones Newswires 11:30 AM ET August 14, 2017
It looks like the Summer correction may well be under way. We are now in a gap which would fill at 2425 and after that there's lots of levels below but if the SP 500 goes down to its 200DMA or lower it will be hard to believe that they won't use the opportunity to take this down to below recent lows without news here so buckle up.
It's times like this I get ticked at myself for not having taking modest profit and selling out to buy lower when the shares were higher but you really don't want to be fully out just in cases very positive news comes.
The kick to the nads for all of us would be if the news never comes.
Oh well, Coot if we get a real flush and you have strong belief still get ready if you still have that freed up cash.
I've seen one writer on SA expecting a flash crash coming within weeks not because of DC but because of money supply or QE type issues. I have no clue about that but the idea is most boats go down with the market even if they didn't go up with it.
I'm starting a Go-Fund-Me page for rob. It's for a one way ticket to Washington and stay at the local Motel 6 until he gets a deal with congress and Medicare. It's not the airfare I'm worried about. I't the motel stay. Could be a big number. Ok, let make it for two and he can take Mark Ravich along. Leave rob in the motel room and let Mark handle negotiations this time. Can't be any worse and hope for the best. Get'r done.
Up 2 cents, WoW....in the mean time back to BABA. cha ching!!!!
Like a good part of the market this is just floating around on very low volume.
Not a lot of buyers or sellers.
We'll see if the overall market rolls over going into the weekend or if it just kind of hangs in there over the next day and a half.
Another terrorist attack in Europe (Spain). Too many angry people in this world.🙏
After reading the transcript of the CC, I need to wait a few days to respond and digest the meeting. First, it confirmed what I was told about Triferic and the problems it is having getting the add on/reimbursement. Rob has made numerous runs to Washington for talks and gotten nowhere. They want something in return and Rob is stuck on his stance. After reading his comment about the 'low double digit dollars per treatment', it confirmed what I had guessed was the problem. This has turned in to a huge fiasco for us shareholders. At a stalemate at best. And now in this CC, he talked about how the government has 'no regulatory deadline'. Folks, this is bad. He has no clue as to when we can even start to think about sales. And I ask, why ain't we just selling it now instead of waiting? Why are not the dialysis centers breaking a leg to get to us for out product? Makes Zero sense to me. And then Calcitriol. More challenges. He pushed this out to sometime, at the best, middle of next year. OMG They have not even met as yet the stability for it and won't know about it for another month. What happens if it fails? Seriously, this is very poor execution at best. And then the 'overseas market'. Years out. Trial 'to start'. Brilliant. Canada, mid 2019. Ok, bottom line. Year to years away from any serious income of money to push this PPS up. The Only chance we got is if Rob comes to his senses and negotiates a deal w/ congress/medicare to get the reimbursement he is so set on. God only know why he's so stuck. My guess is he's feels 'entitled'. sic. My other best hope is Mark Ravich. Like I said before he was elected, his group has some $40M reasons to get this ball moving. He's the only one I got any faith in on the board to help us out. Years of dead money. No end in sigh. Only hope. I give it a short amount of time then cut bait and move on. Too many other great opp are flowing by. Just think if I had put my money in bit coin a while ago. Or now the Marijuana market. No more risk than this and I'm seeing huge returns on the small amount I got into these. Even if they do happen to get something done, say in a year, remember the MM never lets it get too far too fast. Always a buying opportunity. Good luck. Boy do we need it now. Later
Not the least bit surprising but Market Edge which updates each week and is purely technical, continues to list this as an Avoid as of 8/7 but it is not a short sale candidate. It states if long, close position or monitor stock closely.
Of course if this flushes below $6 that sentiment will change as it most likely will if news shoots this to $7 or above.
Well, if I had to guess I'll say we'll continue to float without any news and perhaps a flush if the market does.
Where have all the pumpers gone, long time waiting Where have all the pumpers gone, from Rmti We miss you pumpers and all your baiting So I guess we will have to say bye bye
West Coast manufacturing facility paid for by Baxter? No mention at CC. I guess it will never happen. Core business remains flat. Will Baxter deliver for Rockwell with increased sales of core business products? More information would have been appreciated.
Benny - how would you have liked the call to have gone? To announce TAO? That Calcitriol is launching next week? That Rockwell is being bought out? What do you have issues with?
Do you not acknowledge the positive aspect of having continued HHS and CMS meetings? Were you not happy to hear a possible pricing of TAO? Were you not happy to hear Calcitriol is in track as of now with early September stability study? Were you not happy to hear the market opportunities for both drugs? Were you not happy to hear the fast market adoption once launch occurs? Very little in the way of S,G&A costs needed? Were you not happy to hear the adequate inventory levels of Triferic already manufactured.
And this is a biggie. The comment about expanding the board with highly qualified members. This is a DR demand and one up until now RC has refused. So is it time he is playing nice and finally listening to others and allowing for help?
Would I love a stock price pop tomorrow? Yes. But it's not going to happen just yet. However I was told to listen to the big picture on this call, and I think the big picture opportunity looks pretty darn good. Big picture involves Davita, Amgen, Fresenius, NxStage, Baxter, etc. Quite a list of names our little Rockwell is playing with, wouldn't you say?
Coot--Given that you were not inclined to buy stock as low as $6.00 yesterday ; do you still believe that RMTI is " one of the fastest growth companies you can find at the moment " ? Simply breaking your ba...ls . Pls accept this post in the good faith in which it is offered ..
Let's see if shareholders receive any updated color on the call later about India. From a 7/25/17 letter;
The firm presented their proposal with clinical data, claiming that this is a drug for unmet need in patient with CKD on haemodialysis in India and the disease is a rare disease. However the committee after detailed deliberation opined that CKD on haemodialysis is not a rare disease in India and alternative therapies are available. The committee recommended that local Clinical trial Phase III should be conducted.
Coot--I wish to refresh your recollection of your quote yesterday-- RMTI.. " one of the FASTEST growth companies you can find at the moment . .. "
Only when you were challenged did you add the word " POTENTIAL .. "
Words matter . I respect your posts and the research you provide to this thread . Some folks may not have noticed your original post. I did and want to correct your follow up post which to put it kindly is disingenuous ; and that's putting it nice
Kindly share with us whether you " backed up the truck " this morning and added to your position . Looking forward to your reply .