Thanks 2Mar$ for posting the latest PR. That makes 2 contracts for RMGG announced this week. This is just the beginning, 2 more PRs expected next week.
Rumor has it, they are going to be good. This company has a lot going on, everything is falling in place now that their facility is up and running in China.
We all know Ginseng is an important drug in Asia, the products from the new facility should sell well. However, I think RMGG's biggest asset, is the "Drug" license they acquired when they bought the Drug Company in China. I have a feeling RMGG will be expanding it's product lines outside of the Ginseng in the very near future. From reading previous PR's, I'm guessing we will see an acquisition or partnership announced in the near future.
Interesting trading the last couple of days. I am not one, to normally blame MMs for trading activities, but it has been so obvious that the MM's are short. They tried taking it up..got very few sellers, then they started walking it down. They are trying to hold it down to recover shares. They know big news is expected next week. They have been successful at holding it down, but, they were not too successful at shaking people in to selling. Actually, it was mostly all buys today. People have been catching on to what they are doing.
I believe we are nearing a break out point..the float is being accumulated in strong hands now. IMHO, any buying pressure from news next week and we will see this one take wings.
Not much action on this thread, the RB thread for RMGG has a lot of information and people in the know. It's been a good team effort.
Good Luck!
Deb' |
