RE:RE:RE:RE:RE:RE:A trip into Lisa Crossley's past...Ohhhhh, you're so close to getting it. You're right, no one would argue that the Nasdaq is a long term portfolio destroyer. Now take your own definition that long term means around 5 years. Take a few nasdaq stocks and pull up a 5 year chart. You have spent 10000 words of spin imagining every other scenario OTHER THAN just pulling up a five year chart of reliq. Such lunacy and spin. My never ending entertainment. Love it! Lololol.
theinvestor22 wrote: Further, I would like to analyze something Lifeboat said in just a tad more detail. He mentioned that the Nasdaq was down 30% last year. He's being generous in that he's rounding down; I get something more like 33%. No one in their right mind would argue that the Nasdaq is a long term portfolio destroyer. Look at a 5 or 10 year chart. It's done reasonably well. Just get your terminology straight and you can go right ahead and bellyache all you want. You'll get no argument from me.
theinvestor22 wrote: Your general commentary is fine. It's just that you just have no clue what short term, medium term and long term are. That was my point. (It's not a long term portfolio destroyer.) When called out, you just double down on the insanity. Some people are like that, which is unfortunate. Because you confused short term and long term price movements, Lifeboat pointing out that longer term investors have done pretty well notwithstanding the short term price decline, is quite reasonable and quite correct. I can't point to any mistake he's made. That's actually not an opinion; longer term the price has done well for investors. I'm one of them. I've made good money here. It seems Lifeboat has as well. No big deal, really. Just get your terms straight.
EdinColorado wrote: As clearly stated, I used the recent 2022 year-long window to clarify the scale I was referencing as "long." Anyone who brings up the chart for 2022 on the RHT stock price can see that it has lost about 50% of its value in that year. No one needs any faith based belief or therapy to verify the record. For 2022, it has indeed been a portfolio destroyer, along with other stocks that lost 50% or more of their value.
This is a speculative stock, meaning it has high potential risks and high rewards. A conrolling person who only wants to talk about the potential rewards goes on the atttack when someone acknowledges the risks or the indicators of risk present. I'm here to openly discuss the stock but not to keep controlling people happy.
I'm still holding a chunk. I conjecture that it has the potential to recover and become a winner, but in all honesty I can recognize that holding a speculative stock like this is little more than a bit of confidence generated by the evidence provided by growing contracts and CEO Lisa's commitment to the company by investing her own money into it. There is no real proof that recovery into profit and even to former high SP values is going to happen --NONE. That is recognizing an unpleasant reality.
In recent weeks I have been encouraged to see the stock hold up pretty well in comparison to the major market trends. I don't see it as crazy to be holding RHT at this time, but don't be looking to me to join any cheerleading squad for overextending into this stock either.