RE:Value of RDX Technologies on 10/14/2014I see on my on line account the share price is .80 the bid is .70 the ask is .78. It's all over the place,
There is no volume so it is hard to say what the price on this is right now as I don't know if i can even buy or sell it.
I have been reading all of this board since I owned the stock at .40 when it was ridgeline. It is very tough to watch and read. Last year It collaposed to .13 before it jumped and rocketed back up. So I have seen this stomach turning volatility before ( as many of you have )
I am not happy to see it where it is today but there are way more positives things happening with RDX now ( although not smooth ) then when it was .13 cent in the past. Looking for share appreciation history to repeat itself.
BridgePlayer wrote:
Unless I am very much mistaken, the price of RDX has taken another significant price drop this morning. I am unable to find that the stock has actually traded this morning, anywhere. However, in the U.S. pink sheets market, it is currently quoted as I write at .6280 bid, .6948 asked. Adjusted for the 1-for-6, that equates to .1047 bid, .1158 asked, or, using the midpoint, .1102, on the outstanding shares as of Thurs. 19/9/2014. My broker valued my (U.S.) holdings as of that closing date at .1370/share. e.g. a drop of roughly 19.5%. Hard to say if, or at what price, the stock will trade at today assuming it trades somewhere. Any info from other posters refuting these calculation will be welcomed.