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Re: swampboots post# 80248

Sunday, 11/22/2020 4:06:29 PM

Sunday, November 22, 2020 4:06:29 PM

Post# of 113934
Hi @swampboots,

Muchas gracias! Makes perfect sense. I am thinking the same thing. Their latest Q3 earnings shows that their fixed costs are increasing proportionally with their profits. The pie is getting bigger but they haven't seemed to have figured out how to utilize economies of scale yet. Most likely because they aren't "manufacturing" the products themselves.

Nevertheless I am holding on to them for now, got in at 5c and increased my position at 25c a week ago (of which I am kicking myself now). But yeah the upside with RSCF seems much larger than the downside for me to risk a little capital.

Thanks again for your response and sharing your opinion. Cheers mate.

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