| One of the big boys just gave rbak a strong buy and $9 price target....not that any of that matters.....in any event, I think RBAK is a good buy under $2, if your looking at the big picture.....anybody been buying this dip? I know I have, and based on volume and a nice up move on friday, I think others see potential for a good ROI on this as well......This could pop up fairly quickly......if they announce some big customer wins, which they are rumored to do, this could pop to $3 rather easily......it also could go to .01, but I think the positives on RBAK look good....additionally, Nokia took a 10% stake in rbak at over $2.25 a share.....I am sure they did pretty extensive DD before takking that 10% stake, and must feel good about RBAK's potential to be higher valued then when they took their position.....I dont think Nokia bought at $2.25 because they felt rbak was going down....I think they took that position at $2.25 because they feel it will be far higher then that level....eventually......I tend to agree, and almost wouldnt mind a dip to $1, at which time I will triple my current position I started last time it was near it's 52 week low...bought between $1.30 - $1.50......will gladly buy more at $1, assuming it is the world/market causing the drop, and not something company specific.....anybody heard about some of these new customers they were going to announce.....They mentioned in APRIL to expect news on some big customer wins, but they wouldnt announce the deals until the system(s) was already up and running...anybody heard anything....anybody buying at these levels.....anybody think $9 is reasonable for rbak?...... |
