GREY:RPBIF - Post by User
Post by
willpellyon May 06, 2011 12:51pm
413 Views
Post# 18540866
Well, I'll be...
Well, I'll be...I never thought it would happen, but some people might now actually have made money on RBM.
On top of that, today's spread is actually only 1 cent, and SP is in mid-forties. Up from
.27 two/three weeks ago.
What's driving price here?
1) Is it fewer people realizing that his stock used to trade 10x higher? The 52-week high is indeed coming down as time passes...
2) Or is it the beautiful May date where we get closer and closer to Kay's potential removal... how much is that departure actually worth in SP? At least an immediate
.10-
.20 I'd think, and then an actual potential for net earnings.
3) Or is it these so-called "news" releases that are finally having an effect on unseasoned RBM followers? In any event, I'm happy! Get back up you stupid share price!
Questions remaining on this company: How many more years until real and actual profitability. That's really all that matters, and I've yet to see a good answer. Sad.