Reliq Health Technologies Inc V.RHT.H

Portfolio killer

[aaaaaargh]

There have been more opportunities to buy the stock under 50 cents in the last 2 months than there have been to buy it over $3.   Therefore I have proved that it is not a portfolio killer.   I am providing prices and time frames because it has nothing to do if you are up or down.......lolololololololol........

[EdinColorado]

The term "portfolio destroyer" was used in context of "long term." Day traders and shorters did pretty well this past year with RHT. Price swings were volatile, which is what's needed in day trading. One of the extremes was manipulated by White Diamond to benefit those shorting. 

[Lifeboat1]

This is not for the perennially bashers but for those who invest based on the facts.  Here is the data if you were a true long.  If you bought every month since January 2016 at the mid price for the month your average price would be $0.32. Not a bad return.  Too bad the data doesn't support the bashers claims.  They can try to say I am drinking the Kool-aid but the data

[aaaaaargh]

Now there is a little bit of honesty.    Losses over 1 and two years.  Flat over three.  A gain over 4 (thanks for proving my whole point!!) And flat over 5 years.   Doesn't really push the narrative of how well most investors have done long term either does it?   Thanks for all that work to prove my points!  Lol.

[EdinColorado]

Sophistry with numbers is not bought into by those who are numerate either. Most on this board know they are buying and selling now, not in 2016. The bottom line is that RHT has not proven to be a great investment long-term, but those of us holding it allow that it MIGHT become that. If I didn't believe that, why would I hold it and why would I be on this board? The service firms are FULL of

[Lifeboat1]

If you are long you shouldn't be down more than 15-20% which isn't bad in this market unless you consistently bought high.  Most longs especially those who have been in the stock for 3 or more years will be up.  That on top f having a stock that has a 10x+ upside potential.

[aaaaaargh]

Excellent post.  Hope everyone had a wonderful Christmas!! 

[theinvestor22]

Lifeboat and I have been responding on this thread to this assertion: "Long-term, it has proven a portfolio destroyer rather than the 'cash cow' it has consistently been touted to become".  Had EdinColorado said that the stock had been a short term bummer, probably neither of us would have bothered responding, but we did because "Long-term" was used.   

[EdinColorado]

"Lifeboat and I have been responding on this thread to this assertion: "Long-term, it has proven a portfolio destroyer rather than the 'cash cow' it has consistently been touted to become".  Had EdinColorado said that the stock had been a short term bummer, probably neither of us would have bothered responding, but we did because "Long-term" was used. 

[Lifeboat1]

I22 Excellent post as usual.  We both know you can't have a rationale discussion with some posters.  As soon as you show data they change the topic.  I hope you had a good Holiday and here is to 2023 being the big breakout year for Reliq.

[Lifeboat1]

The definition for long term investing for tax purposes is anything time frame greater than 1 year. Most investment professions consider long term investing to be 5 years or more.  The definition from Nasdaq of a long term investor is at least 5 years. https://www.nasdaq.com/glossary/l/long-term-investor

[theinvestor22]

Ditto, dude.  All the best to you and yours.  Our friend seems to forget what medium term means.  (For his info, it's the bit between short and long term.)  Anyway, he's firmly established that the stock price went down over the past year, which was pretty obvious.  Also obvious was the fact that a whole bunch of other stocks went down over the same period. 

[Lifeboat1]

I22 you are correct.  Nasdaq was down 30% in 2022 which means most stocks were portfolio killers by some on this board's definition.  Talk about making up definitions and sophistry. The following "Blue Chip" stocks also hit 52 week lows in 2022. Amazon, Microsoft, Alphabet, Home Depot, Accenture, Cisco Systems, Johnson and Johnson. It's tough to face the facts when