OTCPK:REMRF - Post by User
Comment by
loosechaingeon Oct 16, 2009 7:01pm
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Post# 16395729
RE: I guess
RE: I guessI think the downdraft on the Ontex is related to the constant selling over here at RMK. After all with the conversion rate set at 1.25 to 1 22 cent RMK means ont at 27.5. Ont still strong at 33. It keeps taking arbitrage selling and is still holding well above the rate. I guess the market is saying RMK might not be worth that much. The selling seems to be endless.
From a new shareholder perspective on this forum it doesn't seem like there were a lot of believers that this company could do anything but sit and wait for premier. seems shocking to me that the company makes a move to fast track the company to a senior exchange with a higher stock valuation hopefully over 2 shortly (marginable) with the prospect of some very serious future cash flow and reduction of any further dilution and the shareholders slam it. Well I guess we'll have to see them off.
Don't bash at me now. Lets see where this thing sits at 6m or a year from now.
Maybe we could start a pool 6 month forecast and 12 m forecast price.
Scott buys beer for the winner LOL