Allright...last time I ever post about this stock..RDCM...
Here's the deal....
RDCM has pretty much sat this entire Nasdaq rally out, in the midst of all the Isreali hype, the fact that CE Uttenburg has a strong buy on the stock, and the fact that they are Linux compatible, and that they provide VOIP, blah, blah, blah.
There was an insider that filed to sell 100,000 shares. CIBC was to handle the transaction. It's on yahoo. Look it up. Anyway, I have been holding this stock and have seen it make several rally attempts only to get killed by CIBC unloading 5k blocks into the buying. Now...I am about certain he has sold all of those 100,000 shares. After he completed his selling, the stock dipped...no lower than 5-5/8..at which time...CE Uttenburg, JMIP, FAHN, CIBC, and JANY all took turns buying back all those shares from traders that have gotten discouraged. I managed to pick up a few thousand shares at 3/4 yesterday myself. Now, they are going to move the stock higher with their own inventory. Like I said, the stock has done nothing since Ce Uttenburg started coverage with a strong buy. It has sat the entire rally out, and it is ready to rock, whenever you guys are. It'll go higher with or without you, but here is a stock that hasn't gone thru the roof and is still very affordable,. |
