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crony

07/18/17 9:30 AM

#5650 RE: wow_happens28 #5649

I don't see why someone would be jumping into this stock right now considering they are going to be losing money for another 2 years.
Unless someone speculates they manage to dump their interest in Irgovel and get some $$$ out of it and/or show some progress in growing the US side sooner than planned.
Otherwise this is dead money for at least a year. The $1 should be a solid bottom though considering they have $1 in cash per share and their US business has a potential to become profitable. So we might see $1-1.5 range for quite a while and in a year or so if they show some progress in the US side the stock might start moving.

SaltyMutt

07/18/17 3:51 PM

#5651 RE: wow_happens28 #5649

The more I look at RIBT the more interesting it becomes. It seems to me that this stock could be good for flipping as well as great over the long haul. I think any stock that offers more than one way to cash in is a stock that should be considered.