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UnstableElement

05/05/23 3:59 PM

#7634 RE: ars_2014 #7633

Let's wait and see how RLBY unfolds moving forward. 10q due in less than 2 weeks and another on 8/15.
That marks about 1 year since arbitration and RLBY won all points. I believe all are close to see how this plays out shortly
Bullish
Bullish

John_Vallay

06/14/23 7:22 AM

#7660 RE: ars_2014 #7633

Investing Lesson - For public companies to experience stock price increase it is important to have investment firms buying the stock. Individual investors can make a penny stock go up 300% one day and then the same stock goes down 300% the next day. It's a roller coaster. For real stock price increase it always needs investment firms to invest and unless I am wrong, why would an investment firm invest in RLBY.

This is a pink sheet company with lowered revenues, losses and negative cash flow. Correct me if I am wrong but the numbers for this company does not make it attractive.

Not to mention that temp agencies, or human capital companies that are public all have lowered stock prices for the last few years, even before the pandemic.

There comes a point that common sense has to prevail and what professional investor or investment fund would want to buy this stock.

I am not saying there isn't a play here, but the stock swings will leave most investors with a loss because to make money with stock swings it would require perfect timing because you need to buy low and at the perfect price and sell high at the perfect time and price.