TSXV:RHT.H - Post by User
Comment by
qwerty22on May 31, 2023 1:29pm
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Post# 35472961
RE:RE:RE:Are we witnessing a selloff?!
RE:RE:RE:Are we witnessing a selloff?! Yeah, you try to work out how the market is being manipulated. The vol don't speak of sell offs. There might be a few dreamers bailing but this is really just a busyish normal day for the stock.
The company is going to have an annual business cycle. Who knows what it will look like, my best guess atm is it looks like others in the healthcare with depressed revenue around the turn of the year. We'll have to wait for the business to mature to understand this aspect until then it probably looks like noise. If that is true (it just my guess) then the next Q should see an upturn just from the 'natural' business cycle. If you combine that with the touted improved execution on compliance then maybe we get a double whammy next Q (all guesses and hopium). The touted improvements in compliance should be an unmissable step change if they aren't being over-promised.
Mitch43 wrote: Depends on who is buying the 34k shares so far to prop it up from 0.57 to 0.59, Einstein!
No need to thank me...