TSXV:RHT.H - Post by User
Comment by
Lifeboaton Mar 01, 2021 6:57pm
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Post# 32691429
RE:RE:RE:RE:RE:RE:RE:Chandelier Exits could be better than KAMA
RE:RE:RE:RE:RE:RE:RE:Chandelier Exits could be better than KAMA Your quote was "Being in and out of this stock appears to be the only way to make some decent money for the last two years". My analysis shows that buying and holding every month for the last 1, 2, 3 or 4 years you would also have made an excellent return. If that is not clear enough for you that's on you.
If as you hypothesized, someone bought at $2.00 how could they make money on Reliq. There are literally hundreds of ways. If they sold it all on the way down (the stock was trending down for months) and averaged $1.00 (losing half their money) and bought at almost any point after the low in 2018 they would be in the money compared to their original investment.
if they bought at $2.00 and held until the end of 2021 I expect they will be in the money again.
this may be above your head but hopefully others will get my point that you are just a badger when it comes to Reliq and not a serious investor.