TSXV:RHT.H - Post by User
Comment by
teeswateron Mar 07, 2022 2:53pm
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Post# 34491888
RE:Rookie investor question
RE:Rookie investor questionIt is not RHT related at this point.
Financials disappointed and it is not moving as fast as was suggested in guidance and interviews.
It is entirely war and economy related at this point IMO, people are scared.
Co. is not tanking. They are not meeting guidance, nor did the ER impress but progress was noted.
Impatience with progress and general uncertainty make for a weakening SP.
There is time to take advantage of energy stocks so maybe people are bailing and doing that or staying in cash. Reliq likely to remain in .70-1.00 range for a while. Those that have bailed may think they can get in later in the year.
RHT will do well, but probably not impressively well until late fall or early in 2023. IMO.