Replies to post #7083 on Rambus (RMBS)

[treowth]

"The best part for me (well other than the money) is being able to finally tell people: "I told you so".

****

I admit I am on that boat with you. Every other year at family reunion . . . "Soooooo, how is your RambusT doing? Whatever happened to RDRAM? etc., etc. . . "

Add to that brokers at two firms I use - you know the drill. It got so bad that I opened an E*Trade account just to hide additional purchases.

[Threejack]

re: What's your target


Skeptic,

Have owned all my shares for many years, but won't do any initial selling until well into the triple digits regardless of how long it takes; that's just me. Not nimble enough to sell and get back in at a lower price on the way up, and there will be opportunities to do this, no doubt. And, this is an "on the way up" stock barring any legal calamity or fundamental change, so not willing to miss the ride to the top floors for some interim profit-taking at the mezzanine level.

Agree with you about the relief of vindication. Felt the same way after the FTC ID. Most of my friends who bought Rambus in the single digits on my recommendation took profits in the upper 20s and low 30s. Some of them made fortunes. Me? I held, while they shook their heads in disbelief, and the share price collapsed. These guys stopped asking about Rambus. Years passed...

And here we are again. It's the same feeling of relief and anticipation, albeit muted this time. Same guys are calling me asking if it is too late to buy. Will Judge Payne and the FTC burst our bubble? Don't know. Don't care, really.

Rambus is a stock on the way up.

Just my opinion.

Threejack

Note: for those readers who don't own Rambus, do your own due diligence. This is a high risk speculative investment.