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Re: SAMNOTSAMUEL post# 167

Monday, 11/09/2009 9:28:38 PM

Monday, November 09, 2009 9:28:38 PM

Post# of 180
IMO it is a tough call. From reading the filing it sounds like they will have at least a few more difficult quarters with results similar to Q3 (e.g. break even to slight loss). Having said that, the stock is trading at less than 1/2 book value. Furthermore, they have cash of $0.16/share. If it were my money I would hold at $0.20 but would definitely sell if I had the opportunity at $0.30 or more. Between $0.20 and $0.30 it gets fuzzier. Call it as you see fit.

Disclosure: I have no position in RBCL.

Mike

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