TSXV:RTI.H - Post by User
Comment by
rbm0524on Oct 11, 2017 12:56pm
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Post# 26799871
RE:Stock Price after News with ACB?
RE:Stock Price after News with ACB?Impossible to say as we have no idea what the deal will look like. Not like we are waiting for a license or something where there is precedent to determine what kind of bump to expect. In this case we are waiting for a deal that could go in several different directions, all of which will impact revenue generation possibilities for RTI. I think there are 2 options: (i) the news underwhelms and this sells off hard after the PR or, (ii) the deal totally knocks our socks off and this thing soars north of $1. Personally I lean towards option 2, which is why im heavily invested here. Admittedly, i have taken some profit on way up as i got greedy last time we were waiting for confirmation of test results and this thing sold off so hard, once the news was released. That was painful for me, so i am taking some small wins on the way up this time.
Ovechkin wrote: What's your estimate? I'm caught right now between wanting to sell for a 35% profit or being greedy and waiting. I like RTI, but I'm more profit orientated.. I don't want to miss the run, but there are some late stage applicants on the brink of a license that have more short-term potential