TSXV:RYU.H - Post by User
Comment by
GetUpAndGoon Mar 15, 2017 3:22pm
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Post# 25983963
RE:everyone
RE:everyone We'll know where RYU stands based on the upcoming financial statements. RYU has barely been noticed by the market yet. Once there is something to be noticed (outstanding or poor financials), then im sure the market will adjust itself accordingly. There is nowhere near enough volume or intrest to move RYU in the short term, especially with a float of 150M+ shares.
I would keep my eye out for next month's typical pump and dump prior to financial release (probably run to 0.17 - 0.20). After the release it will either sky-rocket to a ridiculous valuation and then get shorted back to the low 20's or steadily and healthily increase in value.
I dont see any reason why this would stay in the current range or go below 0.10; they have been only posting increases in revenues. Once this thing shows a profit, it'll be just fine. I also dont see any reason for this to hit 1.00+ in the next year. RYU is a 3-5 year hold for any real returns.