TSXV:RYU.H - Post by User
Post by
Baller23on Feb 09, 2018 9:24pm
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Post# 27537357
Too much spending and large float
Too much spending and large floatDoes anybody care about fundamentals anymore? The company has been losing over 2 mil every quarter - The spending is rediculous and I'm sure the next quarters loss will be even more. Combined with a HUGE float and a new private placing issuing 33 million shares, I can't see the sp going anywhere short term. Too many cheap shares are out. If you're betting on the biebs to take this to a higher level, lol good luck with that...