Apr. 13 at 12:14 PM
$RMSG DAY TRADE REPEAT ALARM:
$RMSG
Premarket ran from 0.45 to 0.99
That’s a 100% move off the lows
This is momentum, not fundamentals
10.9M shares outstanding
CEO controls ~65.8%
Class B = 10x voting power
Tight, controlled float
March 25 deal
CEO funded
$1.08M
Bought 1,837,680 shares at
$0.5912
That’s your anchor
Financials:
Cash
$846K
Equity
$1.1M (below Nasdaq min)
Revenue
$25K
Net loss
$2.38M in 6 months
Burn
$1.5M / 6 months
Accumulated deficit ~
$22.5M
“Going concern” risk
They need funding
Nasdaq deficiency
Have 45 days to fix
Likely:
Dilution
Share issuance
Reverse split
Levels:
0.59 insider anchor
1.00 breakout
1.20–1.50 sell zone
This is a trade
Not a hold
No revenue
Burning cash
Will need to raise
It can run
But every spike = potential selling
Trade it
Don’t get stuck
$IXHL $LAES $BCYC
