TSXV:RLV.H - Post by User
Comment by
Hobbeson Dec 22, 2017 2:06pm
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Post# 27217713
RE:Dead Money Until March
RE:Dead Money Until MarchVery bearish post lol but it's definitely good to try and be objective and view the company from every angle.
I'll argue that stability doesn't mean lower share price. It just means stability. If it settles at 0.30 (only time will tell that) then they can be confident with what they have to make an acquisition. They certainly wouldn't do anything during a run up as there is normally a pull back to follow.
The anticipation of these products coming in to the sales pipeline in the beginning of 2018 I think will cause some hype too in addition to better financials (I'm anticipating). Markets right now are definitely pricing these things in a head of time, not after.
That being said, I'm not expecting a run up to 1 dollar immediately and will stay realistic with my expectations on this company. A steady gain I'll take over massive swings. I'm long and holding on to these shares for a while as I think there is much to be excited about for the next year.