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Message: Holding steady

I think its a fairly universal opinion here that Resverlogix doesn't have much of a profile with retail investors.  

Why are we stuck at $3 with all the excellent news and just weeks away from BETonMACE reaching 250 events?  

I'll try and answer that.  If a tree falls in the forest and nobody is around etc.  And if a public company is showing great promise and blockbuster potential but nobody knows about it etc.  

I commented previously on writers like Feurstein, how imo they're not going to provide exposure to a company like Resverlogix, not when there are companies out there that are busy raising money and playing the game by the rules of The Street.  

The market isn't always right.   And I can back that up with an example from my own personal experience. 

Amica Mature Lifestyles was a publicy traded company that I bought in 2013. I owned 1,500 shares, 500 in each of my open, TFSA and RSP accounts.  The Ontario Teachers Pension Plan wanted to buy Amica, obviously because that is what they did in September of 2015.  But they didn't pay the $8 to $9 per share price tag the market had assigned, they paid $18.75 per.  

Why was Amica so low?  Because they weren't really doing anything to attract retail investor interest, that's my opinion.  Why is Resverlogix so low?  I would submit that the reason is the same, retail has a bad habit of buying high when the Market Machine tells us to buy. 

https://business.financialpost.com/news/fp-street/ontario-teachers-subsidiary-to-buy-senior-homes-operator-amica-mature-lifestyles

 

 

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