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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 > We've seen this all before...
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Post by theinvestor22 on Aug 31, 2021 9:37am

We've seen this all before...

There are an awful lot of comments on Reliq boards with the theme "Be careful, we've seen this all before".

I get it that some long term holders are wary about a second price run up, but I don't think we've actually seen THIS before. 

Back in 2018, the company was inexperienced, the market was very young, systems were just being developed, funders were reluctant (to say the least) to pay for any services rendered, some staff were not working in the best interests of the company (I'm being lenient here) and there were almost no payment codes.

Flash forward to now.  The company has fully developed its best-in-class systems and added many more modules, the difficult staff are long gone (after having partially compensated Reliq for apparent misdeads), the much more robust market is eager to embrace the company's offerings, funders are promoting telemedicine and willing to pay for it, numerous payment codes have been implemented and many more codes are on the way.

And, oh ya, the CEO has sunk a lot of her own money into the company.

It seems to me that we absolutely haven't seen THIS before. 

This is the paradigm shift! (IMHO).
Comment by Ziondog on Aug 31, 2021 12:22pm
I've been thinking and stating the same. Earlier runups were speculation, but the more recent one had substance not present in the earlier peaks, especially the 2018 one. However, traders sell more based on their charts than anything else. This popped way above the upper Bollinger band so there probably isn't a trader on this board that didn't take profit. Investors could have risen to ...more