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Wednesday, August 26, 2020 8:30:30 PM
Q3 I don't see being a barn burner. Bradley mentioned some nice sales increases coming from Dillon, which amazed me. If true that might help.
With the nice rains coming to Golden Ridge, the crop will be better than thought a week ago. I believe it possible that at the mid November CC and a month and a half of Q4 in, Bradley could say the Q4 will be CASH FLOW POSITIVE, or at least close to it. They could also give positive guidance for Q1 2021.
RIBT has had 6.9 million shares trade since the 8/12 CC. I can see reasons for sellers, but I don't personalty know anybody buying. The spread and ask makes it look to me like professionals are buying. I really hope somebody who knows more than me is buying all this cheap stock.
Risk Reward---Potential, book value is .63 cents for a fire sale sale. $10 in a year is not out of the question. RIBT has so much more going for it than when the stock was in the upper $3.00's.
If anyone wants to sell here, go ahead, make my day
https://www.youtube.com/watch?v=Flt9K8vlJGE
Life is not measured by the number of breaths you take, but by the moments that take your breath away--Wows happen!!!
Recent RIBT News
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