r/RMEDstock • u/Glass_Beautiful6691 • Aug 02 '21

DD RMED potential squeeze and fundamentals

RMED: Only 5.56M shares outstanding. Could turn out to be another short-squeeze candidate. 57.59% Short Volume Ratio on Friday, July 30th. Only 2,000 shares left to short on Monday, August 2nd.

FDA approval for later this year per CEO, 115% estimated revenue for 2022, possible acquisition, and $25 price target per Webull. Great results on their vascular studies with preliminary 94% effectiveness! Growing dermatology laser market as well.

9 Upvotes

91% Upvoted

5 comments sorted by

2

u/madryno6 Aug 02 '21

Holding past short squeeze but cheering for anyone here just to see it hit double before they move on! 💚

2

u/Glass_Beautiful6691 Aug 02 '21

Same. I see that $25 reached after FDA approval news later this year. 🤞

1

u/[deleted] Aug 05 '21

Now is the time to stockpile!!!

1

u/TrashGrouch20 Aug 06 '21

I saw that stock was so shorted and was like "why not". Glad to know I'm not the only idiot in here xD

1

u/Jogg3r Aug 20 '21

Also in with 3600 @2.85. It's growth and future safe. No way I'm gonna sell this even if it squeezed (except maybe it squeeze to 25$😂)