News Focus
News Focus
Followers 563
Posts 17628
Boards Moderated 42
Alias Born 10/21/2003

Re: None

Thursday, 11/21/2013 1:03:13 PM

Thursday, November 21, 2013 1:03:13 PM

Post# of 17751
RDX.v/RGDEF +.035 to C$.19

This is a turnaround story. This company treats water. They initially focused on the oil/gas industry but has switched to industrial waste water treatment. They have acquired three waste water treatment plants and are applying their technology to improve results. They also create renewable fuels.

Industrial waste water is a better market because the quantities are large, existing treatments are not always economically effective and RDX can afford to install their equipment without having to worry about them being portable, as is the case with oil and gas.

They earned .006eps in Q2 on record revs. Expect good results going forward.

http://www.stockhouse.com/news/press-releases/2013/11/21/rdx-reports-record-2q-earnings

http://www.rdxh2o.com/index.html

Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.

If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today