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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 > Why I and others stay invested in Reliq
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Post by Lifeboat1 on Nov 02, 2023 10:58am

Why I and others stay invested in Reliq

There is a unwritten rule in investing that you buy on the dips and if you aren't willing to buy on the dips you probably should not have invested in that stock in the first place.  I am invested in this stock because it is as likely to go up 10x as down 50% from here over the next 18 months.  If I look at the stocks I could buy today I don't see another with that potential that has already been in business for 5 years, landed blue chip clients and doubled revenue each of the last 2 years.  There are risks and you need to know what you are investing in.  If the risks had already been resolved this stock would already be $3.00 a share.
Comment by Mitch43 on Nov 02, 2023 1:14pm
This Reliq' affiliated pumper & Lisa apologist.  caught posting using different profile names on this board. which by itself is a violation of the Stochouse rules is constantly posting misrepresentations from an insider viewpoint to try to push up artificially the stock value,  in vain, rather than being concerned about the dwindling SP like the present average shareholder ...more  
Comment by ol_griz on Nov 02, 2023 3:36pm
I bought three "dips" to average down.  Big mistake as each was successively lower and then headed lower.  And now I sit on a 55% loss with boots filled.  There's a time to stop buying.  If we see performance-based momentum, that's another story but my last purchases were a MISTAKE.
Comment by PuerSimia on Nov 02, 2023 3:56pm
Don't be too hard on yourself. We've all been there. I keep this puppy on my radar, but I'm not so sure about mgmt. Bad history is hard to overcome. Tax loss selling coming up. Something to think about. I'd really like to see a mgmt shakeup and share consolidation. RHT shareholders deserve better.
Comment by Peggy123 on Nov 02, 2023 4:18pm
NO SHARE CONSOLIDATION
Comment by RottenRonnie7 on Nov 02, 2023 9:44pm
Ahhh, because this mgmt says so? Like so many other "inconsistencies" they've floated in past 6 yrs? Like auditors brought in early? Like listing on nasdaq with a sp at....ahem cdn $.33?  There is a consolidation  coming to a theatre near you soon!  Seen too many of these unfortunately.  RR
Comment by Reggie1 on Nov 03, 2023 2:48am
Its hard right. But patience is the key to these stories. Buy the trend in your direction not the trend going against you.  Much like many a miner that pops and runs....it will pullback no matter what. And pull back hard like 50% or more before the next leg up. If the story is real. Over and over again.  This market is on the edge as well. Can't see how Canada pulls out of all this ...more  
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