Man, I have never met another stock with more FUD clouds then this......
I think this much we can assume as far as RMBS current share price and whether it is a good buy or not right now.....At $10 - $14 I think we can assume this....those buying at that level will either be greatly rewarded or greatly disappointed. This has FUD clouds hanging all over it...not a normal stock that will follow normal trading patterns, nor will it perform accordingly with the overall markets. WHEN, and who knows when that will be.......WHEN the FUD storm passes, and all is said and done, RMBS will be a sub $1 stock or a plus $100 stock eventually.
Personally, I have been burnt by this company badly....I feel as though management was untruthful with many, many things, but that is just my opinion......However, IF the stock breaks below the $5 or $4 barrier, I will consider buying some on a gamble, just in case.....On the flip side, I am hesitant to buy at current levels, even though current level may represent a bottom. I am hesitant because I just dont know if rmbs is at a bottom.....any negative ruling could send this stock to $5 before you can hit the sell button on your computer. On the flip side, a positive ruling could propel the stock to $20 before you can hit the buy button.
So basically, RMBS is a 100% gamble in my opinion right now....and we know what happens with most gamblers...they win big or lose big....same will happen with RMBS shareholders....they will win big or lose big.
Just some rambling thoughts...... |
