Post by
Aei773ou on May 06, 2021 11:30am
This time new contract announcement could help....
Incidentally the sp is now at level before the breakout in Feb and is the established support close to the 200 day moving average. Take note that the stock is still not “oversold” and money flowing out is neutral, meaning the stock is not deteriorating. The consolidation should take a pause for further development. Don’t expect any shoot up in sp yet. But then again, next week the WSR will be on and Lisa better be more open in the details of the business. For now it seems the WSR could help - we will see and ready for a minor rebound
For the longs, that include myself with a core holding, better be accustomed to all these NR with no info on patient numbers, and now adds no locations of clients. Reliq has refocus many times on my collection of their client types with indication of thinking big but negligible returns. Being on support level the up coming Q3 is critical where they have to show real numbers and reason for longs to hold on.
Comment by
Tdcpigc on May 06, 2021 12:14pm
Class action first hearing is May 19th-21th, do not expect company come up with numbers at present. They need to be extremely cautious in their communication and could explain why they are suddenly shy to provide numbers like during pumping in 2017.
Comment by
aaaaaargh on May 06, 2021 4:31pm
Did you actually see a WSR event scheduled next week, or are you just assuming?