Dave Gore's Trades That Make Sense Message Board

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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Bob V who wrote (15762)	2/10/2003 11:13:29 PM
From: Bruce A. Brotnov	Read Replies (1) of 16631

Bob, I have been trading RHT for a couple of years and they have done some strange things with it - it commonly goes the opposite direction of the market. I bought some again today on the pull back and may buy more tomorrow if it gets any closer to support at $12. I think it was a little selling on the news and maybe shorts were playing with it or else just some early panic when the market was dropping and it never was able to find more buyers than sellers after the initial dropping. They beat estimates by .01 with .41 and last year's .26 so what more could you ask along with increasing guidance over the analysts estimates for next year. I think we will be ok in it. Over a year ago it was running nice and someone down graded because they thought the economy was picking up and they would have less personel placement actions and the stock dropped several points. Bruce

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