RE: any thoughtsout there?
I would not venture a guess given the strong possibility of a war with Iraq within the next few months. A war could push oil prices up quickly and therefore the cost of resins would also rise, not to mention the negative effects on consumer sentiment. The hope is that if this happens, it will be short-lived but no one really knows. IMO only as soon as the Iraqi situation is resolved - one way or the other - will oversold stocks like RYG see a significant rebound. I say "oversold" from a long term perspective and given the asset base and industry-leading technology that RYG possesses. Right now I am willing to wait it out since there are few better alternatives.