Van
As I said in an earlier message, you need a strong stomach or lots of Valium and Zantac to watch your money in RSYS act like a ping pong ball. I certainly wouldn't stick with the company if this daily nonsense keeps you up at night.
But, stupid, sentimental me; I believe what Warren Buffett's teacher, Benjamin Graham, said in his book, "The Intelligent Investor." To paraphrase, he said that unless you're speculating, you should treat an investment in a company as if you're going to became a partner in the business. That is, before you dump down your money, you should scope out the business, the company's prospects and management. Once you decide your in, you should ignore the daily gyrations caused by speculators, and/or investors less knowledgeable (hopefully) than yourself.
A well-run company making the right products at the right time will ultimately beat the street's paper shufflers. Also, as they say in sports, you're never as good as you look when you're winning (RSYS wasn't as good as 70, last year), and you're never as bad as you look when you're losing (RSYS is better than 28).
I'm in and I'm not letting the paper shufflers push me out of a business I don't mind having a piece of. (And, I will keep muttering the foregoing on my way to the looney bin or debtor's prison.<g>)
Burt |
