RIV Capital Inc (RIV)

[Wo]

yeah, It did. For anyone reading this post on a public Forum, I am not an Investor Guru, and I just want to say that for the new, newish and even seasoned readers. I was squeezing poop out of the Beavers Bottom on a Canadian Nickel to get by, and realized I was uneducated in financial management. So, I had an AHA! moment over a half ounce bag of BC Bud just over a decade ago, along with some encouragement from my wife. Get Educated on financial management. Since then Ive read every Financial Book recommended to me, Including those found on http://dividendmonsters.simpl.com , as if it were my new part time job, some times full time when I am unemployed. So its with great humility that I can even discuss terms like dollar cost averaging, due diligence and even what is and isn't investing vs speculating.

so, yeah, Mr. Monster. I am attempting to dollar cost avg. because If I thought Rivers was worth buying last week at $~11 CAD, then why the heck wouldn't I think it was worth buying today @ a $~4 discount, unless there has been a fundamental change in the Business prospects or valuation in the last week or so.

It (dca) worked out really well for us, my wife and Family with Canopy. It traded as low as $1.08 once, when Awesomesound Announced to the world that the sky was falling. The lowest discount I purchased was 1.98 CAD.

Long Schplee. Just in the idea that a lot of New investors are meeting this industry in the Haze, and a lot of it is tainted. our Nasdaq Foiling industry peer for example gaining and losing ~200 USD is less than ~7 trading days, with ONLY ~75,000kg production capacity to date and 100 mill in assets on a ~20B usd market cap, while little ole Canopy has ~500,000 kg capacity, soon to be over ~8b in tangible assets by end of week and a ~11b market cap. Valuations are definitely looking a bit off. Due Diligence is the favourite expression around these parts, because its a phrase thats good for everybody.

Cheers Monster.