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Bullboard - Stock Discussion Forum Reliq Health Technologies Inc V.RHT.H

Alternate Symbol(s):  RQHTF

Reliq Health Technologies Inc. is a global healthcare technology company that specializes in developing virtual care solutions for the healthcare market. The Company’s iUGO Care platform supports care coordination and community-based virtual healthcare. iUGO Care allows complex patients to receive care at home, improving health outcomes, enhancing quality of life for patients and families and... see more

TSXV:RHT.H - Post Discussion

Reliq Health Technologies Inc > This stock is starting to appear ?? with its downtrend.! why
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Post by Humanist on Apr 29, 2021 3:11pm

This stock is starting to appear ?? with its downtrend.! why

Why rht cannot seem to hold abovecertain range and stay there. what are we missing, what arethey not telling us.. its just not normal , i thought it will not break the .60 cents than it wont's break the .50 cents, next??? 

i am getting concerneed. anyone can share something substantial to put my mind at aease somewhat!

but pls no pumpers/bashers, just some real opinions/info!

thx & glta
Comment by aaaaaargh on Apr 29, 2021 4:02pm
 Already calling all the opinions pumpers/bashers is the whole problem.   As soon as you start categorizing every post into a category that fits or doesn't fit your view, you are not looking at it objectively.   There are a tonne of posts which fully explain why the share price is dropping, but if anyone says so, it just results in personal attacks instead of rational ...more  
Comment by Aei773ou on Apr 29, 2021 6:32pm
Very well said, when watch through a pair of coloured glasses you result in seeing only that colour.
Comment by lscfa on Apr 29, 2021 6:47pm
Youtube pumper attracted trader scum, not long term investors.  When the stock peaked and stalled out the traders started selling. Discount brokerage rates has turned everyone into market timers.  
Comment by Aei773ou on Apr 29, 2021 7:26pm
go This simplified thesis of yours should apply to any stock. Cannot explain the lack of support for this stock while the market indexes go to new high recently. RHT crashes from the peak on its own device.
Comment by Jamesedgar1 on Apr 29, 2021 9:15pm
Don't beleive the pumps folks! These companies are on the "venture" and trade wildly on news and short term excitement until or if real financial numbers show up!  Play the lottery game as you wish, just "remember" many of the the posts on microcap stock boards are by short term  promoters or day trader liars for a few pennies daily! RHT could possibly finally ...more  
Comment by ImpIications on Apr 30, 2021 1:26am
This post has been removed in accordance with Community Policy
Comment by hemi3tc on Apr 30, 2021 1:47am
RHT is not the only player in this space. MSFT and Amzn are moving into this space along with others like Clov. Clover Health is a healthcare technology company with a deeply rooted mission of helping its members live their healthiest lives. Clover uses its proprietary technology platform to collect, structure, and analyze health and behavioral data to improve medical outcomes and lower costs for ...more  
Comment by Tdcpigc on Apr 30, 2021 8:49am
Could take some time (weeks/months) to see a change of trend (and lower stock price), keep watching and wait for clear technical signal.  Only interest of small cap stock is fast movement (up or down) otherwise could be dead stock for years, most important is to ride the wave in good time as could pop few hundred percent in few days/weeks.
Comment by Humanist on Apr 30, 2021 8:26am
Thx to everyone who replied to my post.  some people said that i already made judgement.well  thats not true i didn't what i was asking is for serious factual opinion/s  only. i didn't want  someone to say ( just wait its going to the moon, or   its going to peenies, its aterribel stock etc. just fluff. etc.. which these boards have a lot of ... so if  ...more  
Comment by aaaaaargh on Apr 30, 2021 9:05am
I apologize if you thought I meant what I said as a personal attack. I assure you I meant it, in an adult to adult sort of way. I can't give you much in the way of why it should hold here or go up today, and apparently no one else did either. Like investor said, only the financials will turn this around long term, and only if they finally impress. The reasons for the down fall? It only rose in ...more  
Comment by Humanist on Apr 30, 2021 9:38am
thx aargh, no i didnt take it as a personal attack but i was surprised that you took my post as i am calling everyone as pumpers or basher, which is not my intention at all, but there is a lot of that, you should see alefia board, its disgusting, you  cannot read or post anything of substance without few people attacking ..  anyways lets all hope for the best 
Comment by Tdcpigc on Apr 30, 2021 9:43am
The worst things to do been longs on small cap during years dreaming of big surge and exiting just before. Small cap are only interesting to play because could gone damned fast north, just need to watch it, looks chart and shoot fast when times comes.
Comment by lscfa on Apr 30, 2021 9:31am
Chinese water torture via continual issuance of options which are exercised immediately and shares dumped into market.                 Reliq Health Technologies Inc. ( RHT )    ...more  
Comment by Tdcpigc on Apr 30, 2021 9:36am
Any link to Reliq printing machine info ?
Comment by lscfa on Apr 30, 2021 8:03pm
The chart below makes it obvious.....    
Comment by Tdcpigc on May 01, 2021 5:06am
why spend money with useless Joe the Pumper at Wall Street Reporter, Millionaire youtube best pumper for free.
Comment by Canadian_101 on May 01, 2021 10:37am
sadly this is the nature of RHT, has been for years now, stock price is up and down like a yo yo,  I am just wondering when the next "contract announcement" will be....
Comment by Humanist on May 01, 2021 10:18pm
thx for taking the time Iscfa.... excellent chart... it shed  some lights on the its moves ..
Comment by GustheGreek on May 02, 2021 8:50pm
Yes the chart shows its movements, but all they need is a really positive news release, or fantastic results in the upcoming earnings report, and up the chart goes again. It's very possible for RHT to sign new contracts with huge medical establishments, and onboard huge numbers. The company is heading in the right direction, the upcoming numbers will tell. Imo, this is a bargain below 50 cents ...more  
Comment by Tdcpigc on May 03, 2021 3:53am
Was also supposed to be a no-brain investment at recent top, be careful at first it is a venture small cap with poor top management going up and down, -50% in two months. Trend could reverse but could see 40s, 30s before, 50 cents means around 100 millions company value not that cheap. Just wait technical signal no rush but clearly positive news (many contract recently) no effect, an additional ...more  
Comment by GustheGreek on May 03, 2021 8:26am
It's the numbers that'll tell the story. I'm banking on lots of onboarding the past few months. We'll see soon.
Comment by Canadian_101 on May 03, 2021 8:45am
In my mind if they DO NOT have "lots of Onboarding" then something is seriously wrong, with all the past contract announcements and Florida opening up over the past 5 to 6  months, there should be LOT and LOTS and LOTS and LOTs and LOTS and LOTS of onboarding, I am sure many woudl agree!
Comment by lscfa on May 03, 2021 9:12am
The rate of onboarding is restrained by client staff. Reimbursement rules require a minimum 20 minutes per month be spent in communication with patient so one staffer can only handle 660 patients (10 hrs x 22 days x 3 20 min sessions). Reliq's care center can be contracted but it can only  onboard at the same rate of 660 patients per each new staffer.  
Comment by Humanist on May 03, 2021 10:58am
Hey iscfa<  i know you don't pay attentioon to dialy sp moves, but where do you see it stopping before further NR ETC...  THX
Comment by lscfa on May 04, 2021 8:46am
It's odd that the stock ran up ahead of the January 5 release of the financial forecast and then was flat for a month. Suggests that the info was leaked ahead of time and after release didn't budge because this is the new level that value investors are willing to pay for now until mgmt proves it can execute.  
Comment by Humanist on May 04, 2021 9:56am
thx iscfa, yes i recall i think i siad something has leaked.. but i  thought traders would have sold faster but it held for a while nicely.  now its trending down very fast, which makes me wonder if another leak happened but this time  to the negative side.  iam getting frustrated and concerned about it.  as i am an investor not a trader, this is frustrating to hold for so ...more  
Comment by lscfa on May 04, 2021 10:45am
Another way to interpret the chart is that the stock moved up in December after co. announced 15 new clients with 12000 clients and when the financial forecast was released Jan 05 the market was not impressed considering the co. was projecting only $65 million in revenue, or 108,333 active patients, by 2023 when co has been bragging about 500,000 patient pipeline for a long time.  
Comment by Aei773ou on May 04, 2021 1:07pm
Sorry, cannot agree with this interpretation - ‘ when the financial forecast was released Jan 05 the market was not impressed considering the co. was projecting only $65 million in revenue, or 108,333 active patients, by 2023 when co has been bragging about 500,000 patient pipeline for a long time.” You keep looking for excuses why the chart behave as you said in earlier post. That new ...more  
Comment by FanofRHT on May 04, 2021 1:47pm
Humanist - I share your frustration and disappointment with this stock. Like you, I am a long term shareholder and fully expected Reliq would have shown its true potential by now. I am sadly beginning to  finally realize that supporting Reliq and its management team could well end up being a very expensive lesson in futility. 
Comment by StockEx2020 on May 05, 2021 9:19pm
You took the words right out of my mouth. I share in your pain. I have 25 grand in this tock and it always seems like when it's one step forward it's always followed by two steps backwards. I feel so damn handcuffed, but there's just something about the stock that keeps me from selling it. I'd just like to see the day when does OK so I can get out.
Comment by ol_griz on May 04, 2021 10:10am
So, looking at the chart, are you suggesting we have hit the bottom here on retracement to that level?  I sure hope so.  After making an initial small purchase on Lisa's blathering before the last report I have bought twice and am now substantially in the red.  I certainly jumped too quickly on this one!