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Bullboard - Stock Discussion Forum Reliq Health Technologies Inc V.RHT

Alternate Symbol(s):  RQHTF

Reliq Health Technologies Inc. is a Canada-based global healthcare technology company that specializes in developing virtual care solutions. The Company's target markets include virtual care, long-term care and big data. iUGO Care, the Company's platform, is a software as a service solution that supports care coordination and community-based healthcare. The iUGO Care platform integrates... see more

TSXV:RHT - Post Discussion

Reliq Health Technologies Inc > here are reasons why i think the last selloff was purely
View:
Post by mingzhu on Sep 15, 2023 3:13pm

here are reasons why i think the last selloff was purely

manipulated:

1, level2 bid/ask ratio were often 10 to 1 for weeks. If you want buy big, it is smart to sell a few shares to walk SP down. I have posted these info several time in the past.

2, year low of SP was in mid 0.40. newbies often put stop loss at this level. 2 year low was 0.36. big buyers were buying at this level, so SP bounced back at 0.37.

3, manipuration started in 0.60s. CEO bought most her shares around 0,50 to conuter this manipulated dowward trend.

Soon after this selloff, SP hass recovered. I expect this recovery will go to 0.60s.
Comment by EdinColorado on Sep 15, 2023 3:39pm
Currently seeing up 9.8% on this board and up 16% in the U.S. where Reliq does most of its business. Maybe this time it will finally hold and keep on going.
Comment by heardaroundtown on Sep 15, 2023 3:53pm
I hope you are right but I think this run up is something we have seen many times.They run it up , people start buying and in the meantime the shorters are selling like mad and will buy back their shorts at much lower prices.  I think I am right again but hope this time will be different. But we all know what Einsten's definition of insanity is ...
Comment by EdinColorado on Sep 15, 2023 4:14pm
You are correct. The trail of tears and patterns of disappointment have indeed been the norm. The event that will end the pattern is when sufficient numbers are onboarded and payments collected to push this enterprise clearly into profit. The large-number contracts and the increased focus on collecting money due mean the company is headed the right direction to make this happen despite all the ...more  
Comment by heardaroundtown on Sep 21, 2023 10:40am
Like I said on Sept 15 the. The shorts were out there pushing up the share price so they could short some more. The price is now down to .53 cents, and they made their .15 cents. Let’s continue to give them more rope to hang themselves for when the share price starts to run up and they have to pay hostage prices to cover their foolish shorts
Comment by Mitch43 on Sep 21, 2023 3:57pm
  heardaroundtown "The shorts were out there pushing up the share price so they could short some more. " While it would be nice to name some of the real short traders...we shouldn't totally dismiss the possibility of Reliq affiliated shorters... Just my personal opinion... derived from how this CO is operating. however could as well have been propitiated by the news of the last ...more  
Comment by mingzhu on Sep 18, 2023 12:31pm
SP has recovered to 0.60s as i predicted last week. If Sp passes through 0.76 resistance, that is something is happening beyond recovery.
Comment by Peggy123 on Sep 18, 2023 3:55pm
This post has been removed in accordance with Community Policy
Comment by EdinColorado on Sep 18, 2023 4:06pm
Hi Papi. You mean the abrupt event a few days back? No one predicted that event. The person you are responding to, to my knowledge, didn't try to predict either. After it happened, people were trying to figure what triggered it. There didn't seem to be any event in the company that would trigger that. Seemed like most likely a manipulation. 
Comment by Peggy123 on Sep 18, 2023 4:19pm
alls good
Comment by Peggy123 on Sep 19, 2023 4:50pm
You proud of you prediction.  60's resistance at .76   You better take a refresher course on your TA. OMG   People who predict should be scutinized and called out  Papi
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