Does it make sense to hold for Q4 this Thursday?You look at the mirror and ask this question to yourself after reading through all revealed IR replies since June from Stockhouse and CEO.ca.
I have been holding since July when it touched 0.21, traded all out and then all in again at 0.225. The “potential” is what I and a lot here think of as a reason to hold on. But then no one really explain if it is a real potential. The more I revisit those IR replies the more I correct this thought. RHT is putting up iUGO services on the shelves of the partners like any consumer products you find in Supermarkets. The “potential” we recognize is nothing else but like a fixed number of visitors to the Supermarket. The company likes to put down the pool of patients in the agreement with the partners. But patients are free to choose or decline the services just as any shoppers doing shopping in the grocery stores. So is the “potential” we think of is a pure illusion that we fail to recognize? I cannot convince myself to hold on until I see some solid result or guidance to put out this Thursday. I exit with half of my position early this morning and will only increase my holding on upbeat forward guidance on Thursday.