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explorer186

02/18/06 12:16 PM

#520687 RE: downtherathole #520655

Thanks. I work hard to find the picks that I do, and I only bring them here when I'm pretty sure they can make people money. My intention is to help people make money, because I see no reason why I shouldn't do this good deed, and also because I want to develop a reputation, although I'm very discreet about it. However, I have to admit I get excited about a stock when it's going up, and post it here irregardless whether it's a good buy or not. I think that's just part of the game, and it's true for everybody here.
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explorer186

02/18/06 4:27 PM

#520723 RE: downtherathole #520655

Changed my mind on RYI (again.) Just looked through stocks in the same sector and industry. Found out RYI is one of the highest quality companies and has one of the most undervalued stocks. But I'm still not sure where the stock will go short-term, so I'll take out a few and add more lower if possible. My main concern is that the company has an interest to see its stock price go down, because of a convertible note arrangement. The good thing about the recently announced quarter is that it proved the company can reduce debt by showing reduced liabilities by $220 million.