Read my post.
Message 3551844
If you put a ring in a bull's nose and hold it, he won't run away. I'm saying Gummy Bear, with his latest release, is trying to hold price between $4.75 and $5.50 near term. Why? It's anybody's guess. But look what is happening. Institutional money is flowing into RMTR at a very good price with little or no risk. I neglected to mention that there was no downside to that last little bit of financing.
In effect, what we have, is Gummy Bear holding price low, while institutions get in on the promise of a double in one year's time at no risk. Who wouldn't want in on something like that?
I'm suggesting if you have the staying power, it is worth it to hold your hand to see what happens. After all the promise is $7 or better after the SGS-THOMSON deal is signed which is probably 2-4 mos away. And if you don't want to be sitting around in the Fall, wondering why the option holders always have such a low price, now is the time to be getting in at prices below $5.00
Now that RMTR has sold off to $5, I have raised my call to a buy at prices below $5. Pick your prices and maybe you'll get lucky. Keep in mind, the investors that just coughed up 17 million dollars are now insiders and as such, have better information about Ramtron than we do. And this suggests Ramtron is on the verge of something positive happening near term. Maybe the SGS-THOMSON or something else. |
