RAFA: I'm not one to post on the stock but I'm expecting
north of $80 million in revenue for 2021 and north of $10 million
in net income (not a typo). I suggest you to find a similar
biopharma with such numbers and tell me what price it trades?
Their balance sheet is pristine and a robust pipeline.
I'm long size and one should only invest in microcaps
if they have patience and fortitude AFTER completing their due
diligence. The next steps are becoming more transparent (see
twitter posts) and new website, audit, etc etc
Many were washed out of AAZZF and the business hasn't even
really started to unfold as yet. With that being said, it's
wise to pay yourself after a big move by selling some as a reward
for your diligence. I call it scale selling into moves to
protect. FNGR was another one that I was long that required
patience (just went Nasdaq this week). Separate your trading
and investments accounts - don't get consumed with every tick on
investments especially if you're a real size player.
Entered AAZZF, RAFA and GRYN all about the same time (mid
summer). Sold half of my position in AAZZF yesterday for a
tidy profit. Hoping my patience will pay off, as well, on
RAFA and GRYN.
Quick Comments
RAFA move off a double bottom? https://schrts.co/wkWAHAdm
Posted by steve on 31st of Dec 2021 at 10:52 am
RAFA: I'm not one to post on the stock but I'm expecting north of $80 million in revenue for 2021 and north of $10 million in net income (not a typo). I suggest you to find a similar biopharma with such numbers and tell me what price it trades? Their balance sheet is pristine and a robust pipeline. I'm long size and one should only invest in microcaps if they have patience and fortitude AFTER completing their due diligence. The next steps are becoming more transparent (see twitter posts) and new website, audit, etc etc
Many were washed out of AAZZF and the business hasn't even really started to unfold as yet. With that being said, it's wise to pay yourself after a big move by selling some as a reward for your diligence. I call it scale selling into moves to protect. FNGR was another one that I was long that required patience (just went Nasdaq this week). Separate your trading and investments accounts - don't get consumed with every tick on investments especially if you're a real size player.
Entered AAZZF, RAFA and GRYN
Posted by Ray on 31st of Dec 2021 at 11:36 am
Entered AAZZF, RAFA and GRYN all about the same time (mid summer). Sold half of my position in AAZZF yesterday for a tidy profit. Hoping my patience will pay off, as well, on RAFA and GRYN.
Congrats - AAZZF lists Nasdaq
Posted by steve on 31st of Dec 2021 at 11:39 am
Congrats - AAZZF lists Nasdaq next week. Again, taking profits along the way on big moves is prudent.
Hopefully that exposure will help
Posted by rfa300 on 31st of Dec 2021 at 11:43 am
Hopefully that exposure will help gain more market attention into 2022. Very nice.