TSXV:RLV.H - Post by User
Post by
bukobuckson Nov 25, 2017 6:24pm
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Post# 27031908
Valuation?
Valuation?Financials will tell the tale, got my doubts they are actually making profit, its all forward looking at this point and every market globally is way overdone right now. I suspect a large correcrtion/reversal very soon, not sure what the driver will be, but there is always one. Same thing happened in 2007 and the Dot com fiasco, a pile of micro cap companies got way overvalued on a bunch of manipulation and fluff so they could finance at higher levels before it hits the fan. I've seen this happening on different stocks week after week lately and its all too familiar. The blue chips get cut by 50%, and these micro caps get spanked way harder in that environment. Too many obvious paid pumpers on this board, and the effort seems more elevated than normal. There is a probably a window to make some money on this one but I'm cautious.