TSXV:RTI.H - Post by User
Comment by
BrunosBreweryon Jun 09, 2017 11:32am
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Post# 26345264
RE:RE:RE:RE:RE:Financials
RE:RE:RE:RE:RE:FinancialsHa thats fair. I get that. I've always had a real knack for being able spot that is going to be quite succesful and jump on it. My downfall is not being able to understand why other people aren't as eager to jump in on it quite as quickly. It really pays off in the long run for me, unfortunately not always as much in the short term. But im a patient person so it works out
CaptianCanuck wrote: Lol. Yes but I'm always cautious when I see your name however as you are usally very let's call it zelous but yes we have been in quite a few successful plays together. In fact more plays than you you know. I created a new account after telling Steppenwolf to suck a ____ . I did very well on Prop 64 back in November and I believe you were there too.
As I stated the other day I sold nearly all before the news because there was a lot of pumping and I thought the news may have now been close to being baked in but I am back after reloading a much smaller postion the other day and going long. This long ago paid for it's self.
There are many plays that you can make money by following around certain users. I am not one of them. I made a real bone head move diving into something I thought was about to run and I went in big. I held past the 25% gain and down into the 25% loss. RTI more than made up for it but we all need a good greed and fear reminder once in a while.
Good luck to all and no matter how good something looks spread your money around. It's great when something shoots up and you may wish you had more into it but it's a saving grace when something dives that you have other eggs in other baskets.
BrunosBrewery wrote: Its pretty funny and not that i would EVER reccomend using stockhouse as an actual investment tool or for your research, but if you've been on here long enough, you start recognizing all the names and you remember what posters that were there when you make alot of money in a company. When ive made alot of money in the past, guys like CapitalGain
CaptainCanuck GreenTundra Ducksoup1001 have all been have all been heavily invested in that company at the same time. Like i said, stockhouse isn't a research tool, but in my experience when im holding the same company as the above mentioned, i tend to get rich haha
CaptianCanuck wrote: "I'm not investing in the company that WAS, I'm investing in the company that is going to be"
Same here.
Five years ago I split up with my ex. She kept the farm, the horses, and the better car. Bascially so that the kids could continue to grow up in the home they were born into and enjoy the same lifestyle they had but I wasn't doing to well. Then I started managing my own investments. Now I drive the better car, have a home by the lake, money in the bank. Quite happy.
Sometimes things work out and this deal with ACB is pretty much something that has set things straight for RTI.
BuddyGuyMan wrote: Tiramisu wrote: I'm sure a lot of you have done your due diligence with RTI before deciding to jump into the water.....but I'm certain 50% of the new people on board aren't aware of how poor the financials are and how close this company has come from bankruptcy. I'm not here to bash, and I'm long in RTI and have a significant investment. Just some points to consider:
RTI has incurred a loss of 47 million dollars since inception
The following can be found on Sedar.Com and comes straight from RTI:
Management has been able, thus far, to finance operations through debt and equity financings and will continue, as appropriate, to seek financing from these and other sources; however, there are no assurances that any such financings can be obtained on favorable terms, if at all. In view of these conditions, the ability of the Company to continue as a going concern is dependent upon its ability to obtain financing, generate sufficient cash flows and, ultimately achieve profitable operations.
The Company continues to be in arrears on its repayable government contribution. The Company has however paid all the arrears on its long term debt and financial royal liability.
I'm hoping that the market doesn't react terribly once their financials are released, because they aren't going to be pretty.
I beleive in RTI and think the MAP technology is the turning point in the long run.....but it's going to take a while to clean the previous mess. Anyone thinking this is a $1 stock in the near-term is going to be disappointed. 3 years down the road, this should easily be near $2.
Just some Friday food for thought. If you want to challenge what I wrote, please read the Sedar.com financial documents and releases before doing so. None of this is fabricated.
I completely agree it's important to research any investment and make sure the company is sound, and hopefully profitable. But in the case of Radient, I'm not investing in the company that WAS, I'm investing in the company that is going to be. I'm in for the long haul, and at the current share price, it should prove to be a deep discount to their future earnings. Thanks for the food for thought though - always good to keep things into perspective.