TSXV:RLV.H - Post by User
Comment by
watcherofthepieon Oct 25, 2017 12:39pm
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Post# 26856650
RE:RE:Undervalued and Oversold
RE:RE:Undervalued and Oversold We know financials will be good. It's going to take that or other unexpected positive news to push this to a new high.
The market is impatient. The SP is the lowest it's been in months, close to a year even. Doesn't make sense to me - who would sell this when financials are right around the corner.
My best guess is the sellers are automated smart money selling to adjust portfolios. They're the only ones that wouldn't care if they sell at a loss when a corner is so near to being turned around.