Tnsplyr,
I've been watching and trading RSYS for some time now. Never before have I seen RSYS buck the Nasdaq and close up two days in a row while the Nasdaq was closing down.
A better comparision for RSYS might be the Russell 2000. It has shown better relative strength than NASDAQ, which is more heavily influenced by large cap companies like MSFT, INTC and CSCO. Though the larger cap averages have done better for quite awhile, recently the smaller companies have done better. The reason is that they have more attractive price/growth characteristics than the larger cap companies.
Tuesday, which was noted for its light volume, showed heavy volume and significant upside movement in many of the small and midcap companies. If you check the SI threads for ECGOF, XYLN and RAIN, for example, you will see remarkably similar stories--big volume and upside price movement while the overall market was weak. If more money is moving toward the smaller companies, it will likely gravitate to those with the most attractive low price/high growth values--such as RSYS. The other thing that is likely to happen is major upside price movement that can fuel further buying interest.
It will be interesting to see if we are at the early stages of another RSYS rocket period.
Good luck to all,
Baird |
