Thanks! Dr Worm...Sorry, but I don't 'do' Options...
I stick to what I know, like how to Day Trade, and read a balance sheet, and know when a Company will go profitable for the first time in years!...I'm about to post some charts for RBAK on my board for it that show it may still have a dollar rise in it this week before pulling back... #board-4396
Take a look at these Numbers...VERY! Impressive IMVHO...
'RBAK' - (Redback Networks, Inc. Consensus Recommendation: Buy)
Apr 01, 2006 (Nelson's Broker Summaries via COMTEX) --
As of Tuesday, 03-28-2006 23:59, the latest Comtex SmarTrend(SM) Alert, an automated pattern recognition system, indicated an UPTREND on 03-21-2006 for RBAK @ $19.50.
(C) 2006 Comtex News Network, Inc. All rights reserved.
As of Tuesday, 03-28-2006 23:59, the latest Comtex SmarTrend(SM) Alert, an automated pattern recognition system, indicated an UPTREND on 03-21-2006 for RBAK @ $19.50.
(C) 2006 Comtex News Network, Inc. All rights reserved.
As of Wednesday, 03-29-2006 23:59, the latest Comtex SmarTrend(SM) Alert, an automated pattern recognition system, indicated an UPTREND on 03-21-2006 for RBAK @ $19.50.
(C) 2006 Comtex News Network, Inc. All rights reserved.
News for 'RBAK'-Market Gainer Issues Coverage Redback Networks Inc.
Apr 03, 2006 (M2 PRESSWIRE via COMTEX) -- Market Gainer is quickly emerging as the one stop shop for international small-cap investors looking to stay a step ahead of the markets. Redback Networks Inc. (NASDAQ:RBAK), has gotten the attention of our research team this morning. Our goal is to create a community of international investors who consistently and effectively capitalize on the enormous gains that the small-cap Canadian and American exchanges offer.
Redback Networks Inc. (NASDAQ:RBAK), a leading provider of next-generation broadband networking systems, announced that it has filed with the Securities and Exchange Commission (SEC) its Annual Report on Form 10-K for the fiscal year ended December 31, 2005 and has successfully concluded its assessment of the Company's internal control over financial reporting as of December 31, 2005 in accordance with Section 404 of the Sarbanes-Oxley Act of 2002.
As previously stated in the Form 12b-25 filed by Redback with the SEC on March 16, 2006, the Company has recorded a correction to the results of operations for the quarter ended December 31, 2005 previously disclosed in its press release dated January 26, 2006. The correction reduces stock compensation expense on a GAAP basis by a total of $0.4 million for the fourth quarter of 2005. As a result, GAAP net income for the fourth quarter of 2005 increased to approximately $0.7 million from $0.3 million and GAAP net loss for the year ended December 31, 2005 was reduced to approximately $22.0 million from approximately $22.4 million. The correction had no impact on the GAAP net income per share for the fourth quarter of 2005, but reduced GAAP net loss per share for the year ended December 31, 2005 to $0.40 from $0.41. These results are reflected in the Company's Form 10-K on file with the SEC. Please refer to the Form 10-K for further detailed information.
Following this announcement Redback Networks Inc. is trading up over 6.5%!!! on much higher than average volume. M.G will continue doing research on Redback Networks Inc. (NASDAQ:RBAK), both short term and long term, and invite any shareholders to our site, where you can partake in communicating with other investors on the company.
The information provided is brief and informative however becoming a member to our site will give you access to all the on-going information we come across on both of the above mentioned companies.
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As of Thursday, 03-30-2006 23:59, the latest Comtex SmarTrend(SM) Alert, an automated pattern recognition system, indicated an UPTREND on 03-21-2006 for RBAK @ $19.50.
(C) 2006 Comtex News Network, Inc. All rights reserved.
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