TSXV:RTI.H - Post by User
Comment by
Cashmeoussideon May 13, 2017 2:40pm
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Post# 26240941
RE:RE:RE:RE:RE:RE:Most anticipated news release in stock market history?
RE:RE:RE:RE:RE:RE:Most anticipated news release in stock market history? vivians wrote: I dont know man.... 5 seems a little ambitious. I don't see it going over 2.25 for a long time. Maybe 5 years. Definitely 2 dollars by end of next year. 5 isn't logical . If you are planning on holding, dont hold after 2.25.
I actually think this is on the conservative side, but who really knows. Oils and derivatives are slated to become the main show of the MJ industry, not the side show. If the technology is a success, and everything thus far points to this being a yes (note: there is basically *zero* evidence to suggest that this is not a success, meanwhile the evidence from phase 1 and the decision to move onto phase 2 constitutes *some* and arguably *strong* evidence that it is a success, so at this point the available evidence is currently weighted in favour of success as being the more likely scenario) then RTI isn't just going to be ACB's sidekick. It's going to set the standard for oils and derivatives in not just the MJ market but in any market where the technology is put to similar use. In the MJ market, the implication is that ACB would be likely to overtake Canopy to become the market leader, and who knows what other deals would be in store for RTI, who would then have much greater bargaining power with other companies following the proven results and the ACB deal. Not to mention, if the deal is reached with ACB and it is only applicable to the Canadian space, then RTI can leverage its technology to even greater profit internationally.