REAL price drop

I've added these today ! ----- definitely seems oversold territory!

I've added these today ! ----- definitely seems oversold territory!

I really can't speak for you. What I can say is that at a full position myself, I am currently thinking about adding to my position. I may see where it settles, but am strongly considering it.

I really can't speak for you. What I can say is that at a full position myself, I am currently thinking about adding to my position. I may see where it settles, but am strongly considering it.

I have a half position on REAL. Do you feel this is a good time to take a full position Matt?

I have a half position on REAL. Do you feel this is a good time to take a full position Matt?

Hi there,

We expected to start to see some question on REAL. The answer is no - our investment thesis has not changes. REAL remains on target to meet its financial goals, which is for growth of 20%+ annually. There was nothing concerning that stemmed from that report. Perspective is everything with these growth stocks. REAL is still up 40% over the past year (despite this morning's drop) and it is now trading at valuations trading well below historical averages. Yet, nothing has changed outside from a small miss on earnings (a penny). Earnings per share still grew 40% YOY and the growth story remains intact.

We've seen this before with other Bull List stocks like LSPD and TFII. As a reminder, we take a long-term view on investments so although the drop is undoubtedly disappointing, we are not concerned. Also worth noting, the markets are completely disconnected from reality right now. Stocks are soaring for no reason, as WSB and meme stock investing takes hold. Emotions are going to run high during these times. IMO, the best course of action is to let the numbers do the talking.

Of note, both myself and Dan own REAL and intend on keeping our positions for years to come.

Mat

Hi there,

We expected to start to see some question on REAL. The answer is no - our investment thesis has not changes. REAL remains on target to meet its financial goals, which is for growth of 20%+ annually. There was nothing concerning that stemmed from that report. Perspective is everything with these growth stocks. REAL is still up 40% over the past year (despite this morning's drop) and it is now trading at valuations trading well below historical averages. Yet, nothing has changed outside from a small miss on earnings (a penny). Earnings per share still grew 40% YOY and the growth story remains intact.

We've seen this before with other Bull List stocks like LSPD and TFII. As a reminder, we take a long-term view on investments so although the drop is undoubtedly disappointing, we are not concerned. Also worth noting, the markets are completely disconnected from reality right now. Stocks are soaring for no reason, as WSB and meme stock investing takes hold. Emotions are going to run high during these times. IMO, the best course of action is to let the numbers do the talking.

Of note, both myself and Dan own REAL and intend on keeping our positions for years to come.

Mat