TSXV:RHT.H - Post by User
Comment by
eljoroon Oct 11, 2017 11:02pm
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Post# 26802636
RE:Hard to put a negative spin on that pp
RE:Hard to put a negative spin on that ppFrankly, I'm shocked that anyone here is disappointed with today's PP. I can't remember the last time I saw a PP basically at an all time high. They are usually set at a 10-20 day moving average closing price leading up to the PP announcement.
It was only a few trading days ago we were at .35. Hell, I bought shares a week or so ago at .29
Now we have a floor set around .40, and if it drops below it's a fantastic buying opp. I plan on adding tomorrow on any dip below the the PP price.
The company is cashed up, has increased their institutional attention, the dilution is relatively minimal, and the potential for good news announcement is just aslikely as it was when today's trading started.
Best to all,
El Joro