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Real Matters Inc T.REAL

Alternate Symbol(s):  RLLMF

Real Matters Inc. is a Canada-based technology company. The Company provides network management services platform for the mortgage and insurance industries. It provides residential real estate appraisal and title services to mortgage lenders in the United States of America and residential real estate appraisal and insurance inspection services in Canada. Its segments include U.S. appraisal, U.S. title, and Canada. The U.S. Appraisal segment provides residential mortgage appraisals for purchase, refinance, home equity and default transactions through its Solidifi brand. The U.S. Title segment serves the title market by providing various title services for refinance, purchase, home equity, short sale and real estate owned transactions to financial institutions through its Solidifi brand. The Canadian segment’s primary service offerings include residential mortgage appraisals for purchase, refinance and home equity transactions provided through its Solidifi brand.


TSX:REAL - Post by User

Comment by Realmattersbullon Dec 21, 2020 10:23pm
187 Views
Post# 32158624

RE:RE:RE:RE:RE:RE:RE:RE:I’m a bull but not forever

RE:RE:RE:RE:RE:RE:RE:RE:I’m a bull but not foreverGood points gang.i keep wondering why he's the only one buying.i talked to management and she stated that insiders had to sell in August and September because their options were expiring.that makes sense but if they sold at high of 30+ dollars then why not buy at these 19 dollar lows.also I asked about extra Covid costs that may be reason for drop in profits even though revenue was up in last 2 quarters.she stated that cost were way down as most employees worked from home so expense accounts were minimal.also offices didn't need plexiglass etc installed either.so why the profit drop? Only thing I can think of is money spent to develop the new app.she didn't answer that question.if stock prices ahead 6 months then what's up.if real only has 10% or so of appraisal market then growth is still available.why the huge drop?i think investors are shocked still from insider sales.as far as my research has soon real matters has no direct competition.no other company out there does what they do electronically.the only other company I found is in India.market must see something I don't or .........they are just investing in other stocks with better movement.volumes are way up in last month or so,and spread is down quite a bit.in June and July volumes were 500000 ish and spread 2 bucks minimum daily and sometimes 3 or 4.those spreads are day trader spreads,so why is volume now 800000+ and spreads so small?daytraders must be trading more stock to make up the difference.anyways I say real goes nowhere until they show more profit above 20 million next quarter.if not it stays here.
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