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Thursday, May 18, 2006 4:50:30 PM
Well, as a free member, this is my last available post today:
Technically, they did dilute shares by 2 billion. Nobody really knows if those were restricted or not. Personally, I think it was a dumb move even if they are restricted because it wasn't required for Lynch to purchase, however, it did increase the public stake in the company by a few percent (33% - 35%).
It's good to see that in general, we own about 100 Million shares here at iHub alone. Between us and the other popular forums, I'd guess that there are around 500 million shares held by people who are in love with RSHN... meaning they're all holders hoping for .01 & up. Yes, to make good money in the market, you should be playing the spikes/dips, but in this one's case, you could actually make just as much holding long.
I think there will be a PR tomorrow, though, it could be waiting until the asian contracts are signed and execs know the value of the orders. I'm in long here and holding true. I've collected on dips and am very optimistic about the future of this stock.
Sleep well tonight guys because tomorrow may be an exciting day... I'll have 15 more opportunities to talk then.
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My opinions only. Do your own DD.
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