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Monday, April 14, 2008 7:41:57 PM
After analyzing many factors, I am seeing great technical strength build just a tick under this 5 cent level and I am expecting a burst breakout above it from here in the near term to around 11.5 cents before an initial pullback occurs there- NOT at 5cent level as pressure building is too great to sit at 5 cents once it breeches it... Ascending triangle technical formation well in place at 5cent level...
But after the 11.5cent consolidation level, it will certainly rebound much higher from their stair stepping back up to and beyond 1.00/share price range, and to list on NASDAQ as they are going to do, they can never let their shares fall below $1.00/share for any 60 day time frame (as occurred with LUM for instance) I believe (as they become delisted below $1.00/share after 60 days or so) so all this positive energy & news only adds support to much greater long term pricing of RBRM from here...
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