Originally posted by demoniaco
Oh boy..
There is so much wrong with this post that I'm not even going to contemplate taking the bait.
What?!?
You don't think I have been an investor in RAP...lol
I was in it, way before you even put a penny on it.
I went through the dramas of its failed tests and the fall in its SP, followed by the recent tests and SP gains.
RAP does not have any income - it is being priced on its potential technology.
The same with this company - its priced on the potential of this Biotechnology.
Otherwise, all the millions spent would have been down the drain.
That is how both are priced.
You are just sore, you never got onto this. Now, you just want to downramp it.
And yes, I read your other post on BIT - when the price was a lot lower than now, you uttered similar negative views.
Have a look at where the SP is NOW!!!
https://hotcopper.com.au/posts/36130053/single
"These micro cap stocks typically run to $100M market cap then get a hard smack down. I've seen it time and time and time again, no matter how wonderful or fantastic things may seem. 31c should be a trader's sell target here.
It's historically a great target to sell if people are intending to re-enter cheaper around $50m-$75m."
Looks like you will NEVER get a chance to enter at the SP you want.
