TSXV:RTI.H - Post by User
Post by
BuddyGuyManon Nov 29, 2017 9:32pm
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Post# 27059880
No panic here
No panic hereA lot of people on this board are either completely oblivious or are simply pretending to be ignorant in order to sound melodramatic. This is a brand new sector and the market is investing in the future of this company, not the past, and not even the immediate present. We all knew what this quarter's financials would be. In fact, the only surprise was that the company is flush with cash and carries barely any debt. Like others have stated this was a sector consolidation after an amazing run. And as I've said before it's totally normal to have some pullbacks here and there. The stock needs to consolidate, stabilize and build up strength again before moving up higher.
We have a license on the way and we're about to start producing oils for one of the biggest and best LP's. Plus we're working on tobacco & food/beverage deals. So what's the concern? Market cap? There are tons of companies is worse financial shape with higher market caps. So settle down. The longs will be rewarded handsomely. Good luck all.