<<What they have to sell isn't what is wanted.>> ?? LOL. Try telling Q, WCG & all the other Co's. who are awarding contracts to RBAK. Oh, how foolish of me, perhaps you believe Q is a Chap. 11 candidate, too. :) I hate to appear completely ignorant; but, what's a "patzer" ?
Our insider trading sites must be outdated. Kindly refer us to a site showing the insider & institutional selling you stated. TIA.
For traders, in the immed., those of us "longies" who resisted selling BUKEW's [= cov'd. calls] last week are pleased; we [just folks, nothing official] see resistance @ 19.5, & a gap-close there.
Regards,
CJ
Customary, impt. caution: As ALWAYS, do your own DD, examine your own objectives, and make your own decisions.
<<RBAK is out of step. They are likely to go chap 11. What they have to sell isn't what is wanted. Meanwhile, its valuation is incomprehensible, even if they had something hot. The claim that they are taking business away from CSCO is a misrepresentation. Insiders and institutions are dumping into the patzer speculating public run-up in the share price. When the plug is pulled on the NAZ this one will take a nasty plunge. >> |
