You might want to research this company very carefully. There is some potential for a decent profit over the next twenty to thirty days.
Be sure you research well. Do NOT buy solely on this article.
Recent excellent earnings are somewhat overshadowed by investors expecting higher numbers. Nonetheless, most Market Makers are loading up around 2.78 to 2.85 per. Lot of volatility.
Appears bottom support is at 2.80 per. Recent high of 3.63 per and today's high, so far, 2.90 per share.
Be sure you perform your research. This stock may not move at all. You might lose money. Prices could suddenly fall.
Upward pressure begins to build. Idiot Market Makers are losing their grip on price manipulation.
A snippet of earnings news from after the bell, yesterday:
Fourth-Quarter and 2003 Year-End Results -- Fourth-quarter revenue of $20.3 million, up 30% from the same period in 2002 -- 2003 revenue increased to $70.6 million, an increase of 16% from the prior year -- Fourth-quarter net income of $1.4 million, or $0.03 per diluted share, compared to net income of $553,000 or $0.01 per diluted share, in the same period in 2002 -- 2003 net income of $3.5 million, or $0.06 per diluted share, versus a net loss of $3.4 million or $0.07 per diluted share loss in 2002 -- Fourth-quarter adjusted EBITDA(a) grew to $4.6 million from $4.1 million in the same period in 2002 -- 2003 adjusted EBITDA increased to $16.6 million from $10.0 million in 2002 -- Overall gross margin of 62% in the fourth quarter compares to 63% in the same period in 2002; service gross margins of 55% in the quarter compares to 63% in the same period in 2002
I started my dd on this and finacials looks good are you buying at these levels $2.80 it looks pretty safe to me but what are your thoughts I normally like to hold from 2 to 4 weeks
Dennis
Posts: 598 | From: San Jose, CA USA | Registered: Nov 2003
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posted
Yes, accumulated at 2.79 and 2.85 per share.
Last signal sent through by a Market Maker, right at closing bell was a 200 signal.
This indicates a Market Maker is asking for shares (dire need) but to not drive prices down from current levels.
A majority of volume today was Market Makers accumulating shares. They almost lost control over prices late afternoon when investors pushed prices up to near 2.90 per share.
RNDC is doing quite well, over the past year and currently. Year 2002 was a red ink year (loss) but they have moved from a (.07) per share loss to a .03 per share profit, in one year. Not bad.
My dubious opinion is investors started selling off in fear of a mediocre 10Q filing coming up in a few days. This prompted some panic selling, which bozo Market Makers jumped on and manipulated prices lower for accumulation. Those clowns almost sent RNDC into a downward death spiral. Now they are being careful to keep prices at current levels through buying their own shares and trading to other Market Makers. Highly unethical but in keeping with reality, and law.
After the bell news yesterday, a fairly decent financial report, caught a lot of people by surprise, including those Market Makers who did not gap up before this morning bell, having no shares. Now they are accumulating like crazy and keeping prices down. Market Makers are not a bright lot; they should have known this would happen.
Several times today, private investors drove prices up. This is a good signal.
My personal projection is 3.00 per share by late next week. This is risky. It will take time for investors to catch on RNDC is doing very well, has lots of cash and is locked and loaded for future growth. RNDC is in excellent financial health.
Major risks are share holders are not well informed and panic selling. Market Makers just might drive prices down more to make greater profits later. I tend to discount this, but it is possible.
As you know, I could be completely wrong. All readers should perform good research, think carefully, consider what the Fed's are doing to the market yesterday and today. Prices could fall setting off a downward death spiral from which you will not be able to escape. There are a number of risks involved. You could very well lose money following my opinion.
Those are Market Makers setting an opening price for tomorrow morning. My best guess is we should see 2.79 bid and 2.80 ask, or very close. Appears that Market Maker in need of shares will have to accumulate at those prices.
posted
I should be out of sco tommorrow I have a sell order at 2.40 going to stick to my origanal plan so I will look to start accumilating on rndc I like what I've see so far they are definatly strong finacialy which Is one plus for me. I let you know when I accumalate them and at what price tommorrow.
Posts: 598 | From: San Jose, CA USA | Registered: Nov 2003
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If I can just keep myself out of trouble, I can continue to annoy readers here!
No need to mention that joke, Raging Bull.
Nonetheless, I became involved in a heated argument with the owner of the Silicon Board because he wanted me to pay to post there. That really angered me leading to my ripping him apart, privately.
More money is made here by investors than those paying to use the Silicon Investor board, basically another joke board.
posted
If purchased at my original suggested prices, you are up eight cents to twelve cents per share in less than seventy-two hours of trading time.
After attempting to control and manipulate prices for the first two hours of trading today, Market Makers have lost control.
Current real time prices are in keeping with my projection of 3.00 per share by the end of this trading week.
Keep in mind Market Makers are actively trying to drive prices down. It would be of no surprise for prices to dip to 2.85 per share during this trading day.
Be cautious. Make decisions independent of my opinions. You could lose money. Prices are very volatile, currently.
posted
2.87 for ZERO shares 13:12:02 2.87 for 100 shares 13:10:25 2.87 for 100 shares 13:10:25 2.87 for 100 shares 13:10:25 2.87 for 100 shares 13:10:25
Those are Market Makers, looks like BRUT and NSDQ, begging for shares at 2.87 per share, without lowering prices.
Subsequently, they are accumulating shares but not very much. Lots of Market Makers are in dire need of shares last week and today, for whatever reason.
Private investors keep running prices up. My hopes are Market Makers who previously shorted RNDC stock, are being burnt.
Today is a classic battle between investors and unethical Market Makers.
posted
Yes, less shares for shorting and less shares to replace previously shorted shares.
Market Makers are being squeezed on this one. They are trying to drive prices down on a company which just reported excellent earnings.
This Market Maker activity over the past few trading days is precisely opposite of what they would normally do. With this excellent earnings report out, Market Makers would normally drive prices upward.
My hope is private investors will win this battle with those bozo Market Makers.
Not sure what is going on, Dennis. I have yet to understand why Market Makers are keeping prices down. I see them loading up, but slowly because none are selling large blocks. When investors run prices up, Market Makers run prices back down.
I truly cannot make sense of this.
You hang in there as I am doing. We are both in at the same average price. RNDC is a healthy company, has released a very good earnings report. I feel comfortable now prices will not fall below 2.78 to 2.85 per share. However, I cannot figure out why Market Makers are not allowing this stock to skyrocket, which it should.
Appears we will have to patient for those over 3.00 per share prices. Those prices will arrive, but who knows when?
Dont think Im not grateful but I did not have my shares at that time. lol Planning on holding my share for 2 to 4 weeks or depending if it hits my target price .I dont think they can keep it down that long but who knows. What is your target price for rndc you think 3.40 is streching it maby maby not we shall see.
Have a great day and Happy trading to you
Posts: 598 | From: San Jose, CA USA | Registered: Nov 2003
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posted
Dennis, I am hoping for prices far above three per share. I cannot find any reason why RNDC should not hit this price you suggest, although this will take time.
I agree with your hold for several weeks. My hunch is RNDC will slowly creep up to 3.10, to 3.20, maybe a bit more. Seems to me recent peaks were above 3.50 per.
RNDC does not move as fast as LQMT and STG stocks, but it does appear upward pressure is building. It is possible we will see a sudden price break out once those Market Makers are finished doing whatever the heck they are up to.
Seems we are safe from losses but this is not a guarantee. Prices are staying above 3.80 per share, a good signal. Pretty sure we both bought in right at rock bottom or very close to absolute bottom support.
All indicators are positive and point to upward price moves. I feel comfortable and will take your approach of waiting a few weeks. Chances are good we will be rewarded with decent profits.
posted
PG - I also bought when you originally suggested the stock (got in at 2.80). I am holding until we reach 3.25, which I am pretty sure should happen by the end of next week (though, I am a newbie, so who knows).
Thanks again for another great pick! I am pretty confident that we will reach 3.25 soon.
McGivey
Posts: 32 | From: North Olmsted, OH | Registered: Jan 2004
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posted
After researching the financials, news, insider transactions, etc. I can see the growth potential of this stock. How can I determine a fair price/share to pay?
Posts: 11 | From: St. Clair Shores, MI, USA | Registered: Feb 2004
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posted
Yep, but its going to be a great day when these guys either get finished or investers take it to higher level. glass thanks for posting I pay attention to your post appreciate it.
dennis
Posts: 598 | From: San Jose, CA USA | Registered: Nov 2003
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posted
Yes, Market Makers, panic selling, bad market conditions, all have led to a sudden price drop. Investors are trying to push prices back up.
I will be my usual candid self, I am a bit concerned. If prices fall below 2.70 per share, I feel a downward death spiral will be kicked off.
Today, I was tempted to average down at 2.70 per share but decided to take a wait and see attitude. My choice to wait a bit is based on knowing RNDC is a very healthy company displaying a lot of strength.
It is possible Market Makers are playing a game with hopes of shaking out those who are weak hands. There was a lot of large buys at 2.70 per indicating many are loading up at that price.
If prices fall more, I will either dump at a loss or average down, then dump.
Do not allow me to sway your decisions and do note, I share your concern.
My participation here at All Stocks is over, save for my obligation to respond to this thread as it is active, and I am responsible for starting this thread.
Be careful with IBZT stock. As you know IBZT is a pump and dump stock. Almost all investors have been led to serious loss of money, save for those pumping and dumping that stock.
There are some disturbing factors which I was not allowed to discuss; my articles were deleted and some are trying to have me banished from here, because of those articles which warn investors.
The CEO of IBZT has previously been caught by and fined by the SEC for seventeen counts of securities fraud.
Recently, the CEO has contradicted himself by indicating no shipments of products have taken place and he doesn't know when those shipments will take place.
Final item is investor's money is currently being moved into an offshore company which is not subject to American laws nor is subject to SEC control and discipline.
posted
Why thank you PG --i smelled this awhile ago ---i am willing to PLAY the game--but i get insulted by liars-----i tend to take everything tooooooo personally--if'n you like come down to micro---imay be be sealing my doom down there right now--but i'm teaching everybody how to do some REAL DD_-i wish it was in the off trading hours but the fever is upon ME--LOL
Posts: 36378 | From: USA | Registered: Sep 2003
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posted
PurlGurl - Speaking for a lot of people on this board, we really don't want to see you leave. I think your conservative nature helps even out a lot of people on this board who jump into things too quickly (myself included). Your comments and thoughts on companies have been invaluable to me in my short time on this board (2 months).
We all would hate to see you leave!
McGivey
[This message has been edited by mcgivey (edited February 20, 2004).]
Posts: 32 | From: North Olmsted, OH | Registered: Jan 2004
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