Yeah it’s hard to reconcile when you refuse to address any points I make, just dance around vague statements. I’ve stated why I bought RFG in the 4-5 range repeatedly, it was incredibly cheap and that’s the only reason. The room for profit compared to the valuation is obvious irregardless of how good the offering is. I’ll gladly consider buying GYG stock when it inevitably goes to hell and anyone who thinks it’s a good deal at 2 billion has rocks in their head. It’s no wonder institutional investment performance is so awful if they’re out buying IPOs at those prices and recommending them to individuals.
RFG is quite literally more profitable as it currently stands today and selling for 150 mil, their balance sheet is also in excellent shape. Mr. Market loves giving blessings every so often.
RFG Price at posting:
6.6¢ Sentiment: Buy Disclosure: Held
