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Bullboard - Stock Discussion Forum RuggedCom Inc T.RCM

TSX:RCM - Post Discussion

RuggedCom Inc > any news why are share prices on rcm lose value
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Post by tonfin1 on Jul 30, 2009 8:00pm

any news why are share prices on rcm lose value

Comment by zadko on Jul 31, 2009 12:34am
I am curious about the same thing ... could it be that people are cashing out any profits they have made just before the announcement of earnings coming up in early august? This company has been rock steady throughout the recession, so it makes me think that once the economy begins to bounce back , companies will have money to spend, and maybe some of it will be spent on RCM products ... would ...more  
Comment by Hedger777 on Aug 05, 2009 6:34pm
SURPRISE!!!!....look at the net per share vs year agoShould be interesting tomorrow morning
Comment by maoae on Aug 05, 2009 9:54pm
I don't think it is as bad as it looks. Hard to predict the market reaction. I hope for the best but brace for the worst. Look at Yamana yesterday. Net profits down 77% .Today shares down 2.8%. Even got an upgrade from Scotia. Those bad quarters are sometimes expected and priced in the shares.  RCM shares have come down since their high. RCM is hardly a stressed company ...more  
Comment by lr7 on Aug 05, 2009 10:27pm
Those numbers certainly don't justify a $24 share price in today's market.  I'm looking forward to having a chance to get back into a stock that I felt compelled to sell when it got up to $30 as shareholders who got in with excessively lofty expectations bail on what is basically an excellent company (although I still need to go through the new MD&A).  If there's ...more  
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