TSXV:RHT.H - Post by User
Comment by
Invester123on Oct 30, 2021 6:31pm
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Post# 34069164
RE:Calculated timing
RE:Calculated timingIt was definitively a calculated timing, but most investors here should understand that they are not investing into an established business! It is a growing startup. GROWING is the key word here! It doesn't really matter if the company missed their 11mm guidance for the year as long as they are showing a continuous growth (which they are). I think 1.5m in Q1 is amazing! So if it takes them longer to realize the revenues to have the financials look great is ok. Based on this growth rate you know that it is only a matter of time before they get to where they need to be to get the valuation that they deserve! If you want a stable return on your investment you should buy into a stable company like TD or Microsoft but don't expect the explosive growth from them. If you are buying into a penny stock then you should be patient enough, see the larger picture and be prepared to see the volatility in the stock to hopefully one day rip the big rewards. But you can't have it both ways so stop crying foul!