RE:RE:RE:RE:As the bubble bursts, innovation is keyHope you are keeping well in this rough market FanofRHT !!! Yes, there hasn't been much to say for earth shattering type news. Regular contract win announcements are good, balanced off by the fact that we still never know how much to believe. No new shares issued since April 14, so that is also a positive! I sold most of my stock in reliq at around 80 cents. Reasons were many, including overall market conditions (I sold most of EVERYTHING I had and just went into cash or HIX), the short report and the fact that the financial report is getting closer.
Specifically regarding the upcoming financials, I don't expect much improvement on many of the key metrics. Lisa's wording of "collected aged rec's over 1 year old" was very specific, leading me to believe that the amount collected was not mind blowing (pre warning). I do expect some gain in revenue cancelled off by Lisa again issuing a warning that sales were maybe not going as well as forecasted for last quarter and by the fact that they sold virually all of their hardware in 2021.
In general, I expect a normal financial release....lots of questions, few answers. I did see the sedar news today minutes after it came out and bought back a five figure share amount right quick like, hoping it would give a big lift for a quick flip when everyone else saw the news, but only got a small gain for the day.... Not sure if I will keep them until d-day or not yet...
Good luck to us all in 2 and a 1/2 weeks!
Have a great weekend!!!
FanofRHT wrote: aaaaaargh - You are vey quiet lately, Presumably becaise ther is nothing much to say. Hopefully by the end of this month there will be some poitive news from Reliq which should get this stock moving upwards agin?
Tough question, what are your thougths regarding the upcoming finacials?
Thank you as always for sharing your condiderale knowledge of all things Reliq!