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TaylorStroh (93.03)

Why RMTI should be on your radar

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June 27, 2009 – Comments (3) | RELATED TICKERS: RMTI

Hey Fools,

 

Here is a stock that I own and have watched for a couple years now, Rockwell Medical Technologies, I have wanted to have it on CAPS since I started but alas its not big enough...yet. I will give this to you as quickly as I can, they are in the dialyses market producing a revalutionary drug that makes the process easier, quicker and cheaper, great for the patient and the hospitals its used in. If you take a look at their ratios and growth rates you see some interesting numbers, mainly that thier sales are growing and the arent making money. Well that doesnt sound wonderful, well it might if you know the details, why they arent taking home a lot of cash is one reason, the drug is now in the second stage and should be going to the final stage by the end of this year, phase 3. Everything has been going very smooth and looks like it will stay that way, but the company is funding all this themselves, not with debt but using the cash they generate, so when this drug hits and is done with testing they will have no debt that most all companies have to deal with after. Even if this drug doesnt work and everything ends up going bust the core business that they are in is seeing great growth and the management of the company seems great to boot. Take a look, it just had a big spike on the news that monday June 29th it will be a part of the Russell 2000 index. But we should see a lot more trading going on over the next weeks.

3 Comments – Post Your Own

#1) On June 27, 2009 at 7:06 PM, Varchild2008 (78.85) wrote:

Sounds like a great find!

I love these tiny little penny stocks and keep a large list of em... Unfortunately, some are obvious busts and eventually go bankrupt.  This one though sounds like it SHOULD be a good for a long time.

They have multiple products listed on their website:

http://www.rockwellmed.com/

1) RenalPure (Liquid Acid Concentrate)
2) Dri-State (Dry Acid Concentrate)
3) RenalPure (Bicarbonate)
4) Blood Tubing Sets
5) Fistula Needles
6) And a Proprietary Iron Delivery Product (shown in a PDF)

This doesn't look like a fly by Scam Stock...  A typical Fly By Scam Stock usually pumps a single product and has really retarded B.S. on the website like POLLING people about whether they think their product will sell.

This looks very much like a legit company to invest in.

1st Quarter Results:  $12.8  Million.. 3.1% increase Year over Year.
Domestic Sales Increase of 5.5%

They still managed a LOSS though... Probably due to the mentioned product they are funding in their pipeline.

HOWEVER... I don't like the Negative Earnings Per Share the company has had for over a Decade!

So... I'd stay away from the stock but then again I stayed away from AMAG Pharm. and that stock last I checked skyrocketed into the $50s.

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#2) On July 01, 2009 at 4:47 PM, TaylorStroh (93.03) wrote:

Thats right, like the big thing you mentioned here of neg. earnings but remember what i posted they are getting better, earnings keep getting better and they are funding everything themselves, i believe as we go forward you will see earnings get better and the ability of this new drug to explode, now heres the kicker...

 

Amag does almost the same thing, thier drug that made the stock soar almost got blackballed and still did that, RMTI's drug is MUCH better, easier cheaper and safer, could also be what the goverment actually promotes for people because of all of those reasons. RMTI is AMAG but much better in the state that thier drug is looking like, nothing has come back bad on the drug yet and by now if there hasnt been there shouldnt be.

 

Thanks for commenting guys 

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#3) On May 22, 2011 at 11:50 AM, TaylorStroh (93.03) wrote:

Check out what its doing now! Still got a long way to go over the next year as well.

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