Relief Therapeutics Holding AG (RLFTF)

[GoSlowDudes]

Just remember this quote:

“As it is, increases are of sluggish growth, but the way to ruin is rapid.”

I learned that in the late 90’s as I poured money into Loral Space and Engineering as it was going down, only to lose all of it. You can’t hope on a stock and expect to be a millionaire. I bought a load of RLFTF at .145 and sold in the mid .50’s. Bought back a smaller portion as pure speculation, representing less than 1% of my portfolio. This company only has the rights to the drug and will only get a small percentage of any profit as a royalty. And that is only if it gets further approval. Anyone who dumped tens of thousands and hundreds of thousands of dollars can’t see what this was, and that’s a pure momentum play. The momentum for all these Coved stocks has obviously been busted now.

We have all lost money at some time while investing. It’s called learning what investing is and learning what speculation and gambling is. One you expect to be to the positive in the long run. The other you need to accept that large losses, maybe total losses will happen frequently. And quickly. Expensive tuition at this school.