TSXV:RHT.H - Post by User
Comment by
Mackooon Jan 21, 2017 1:47pm
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Post# 25737431
RE:Great opportunity!
RE:Great opportunity! At 16 cents RHT.V shares have now doubled since the great buying opportunity we talked about in early/mid December. I have decided to take some profits at this point with the intent of buying it all back in the latter part of February. This is a bit of a gamble as the outlook for the company continue to be very bright, with pilots wrapping up and beta deliveries starting in February. However, my major concern going into Feb is the expiry of the statutory 4 month hold period on Feb 18 for the 7.5 cent and 11 cent stock. I anticipate this will put pressure on the share price in the short term and I will be looking at taking advantage of that. Again, a gamble as we may get further news prior to this that will push the share price higher, but at the very least I should be able to buy back at today’s levels.
There is no question that this stock will do great in the spring.