Steven, here's my guess on RMGG...
Will the impact we were expecting happen ? No, not at the level we had thought it would. Is this still a very positive event? Yes, very positive, CNBC and Dow Jones do not give any air time to junk companies or people running scams. The only difference I see is that it will take a little longer to get the word out to the mass investors.
The 5.1 million volume in volume today will draw a lot of attention to this stock. Who does watch the CNBC/ Dow Jones videos? Private investors, brokerage houses, financial planners, aggressive growth fund managers, small cap fund managers, bankers, newspapers, editors of financial magazines, etc, etc...
What has Changed... Mass media coverage was more limited then first understood...
The story has not changed, I would expect someone that saw the piece to give use a full report by morning, I expect someone to give us a report after talking to the company and or PR firm, and I would think that RMGG will have a press release detailing what was said on the interview now that it is out.
What will happen in the AM ... IMO, and this is only a guess, we will
see it open, may have a quick run up and then a retreat all on heavy volume. If we get more details of the CNBC piece and a press release
we should have a good day, although some wild swings may be seen.
I think today is just the tip of the iceberg, its still a good co. with a rapidly expanding product and sales base. Both here and around the world.
And thats my two cents... Best of luck to us all
Jim |
