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You are right Don, there does seem to be a lack of demand for the RMBS shares right now. However, for the last few days anyway, that seems to pretty well balanced with a lack of supply of them. Volume is low to average at best. Even a small amount of buying seems to send it up a couple bucks - likewise a small amount of selling sends it down. I certainly cannot predict this stock, but I have the feeling that we won't go much lower, that we won't close below 70, baring any disasterous news. I believe that once machines start shipping, this stock will start a long, slow, ascent, very uncharacteristic of its past, and only breakout to new highs sometime next year once they start showing earnings. Boy, I hope I am wrong about that one, though ;o) |
