RMTR will NEVER Blow-off to the downside...
...if it trades true to form-and here's why!
The following are the 5 most up & down volume days since RMTR started
trading:
UP DAYS
VOL. DATE O H L C CHANGE
2,768,900 9/4/96 715/16 8 7/8 7 3/4 8 3/8 + 7/16
2,341,600 8/21/97 7 7/8 9 3/8 7 7/8 9 1/16 + 1 3/16
1,424,300 12/5/95 6 1/4 7 3/8 6 1/4 7 1/8 + 7/8
1,419,300 8/24/95 12 1/8 14 5/8 12 1/8 14 3/8 + 2 1/4
1,205,900 9/3/96 5 5/8 7 3/4 5 5/8 7 5/8 + 2
DOWN DAYS
1,219,000 8/25/95 14 5/8 14 5/8 12 7/16 12 7/8 - 1 3/4
939,600 8/22/97 9 9 5/16 8 8 7/16 - 9/16
796,400 4/24/96 9 9 1/2 8 1/3 8 9/16 - 7/16
747,800 10/9/96 87/16 8 7/16 7 7/8 8 3/16 - 1/4
721,300 8/28/95 12 1/4 12 3/8 10 1/2 1113/16 - 7/16
There are much bigger VOL & PRICE moves on UP days than DOWN
days. This pattern also repeats itself on smaller vol. days.
THE KILLER here is that there are many, many more small vol.
DOWN DAYS>
I could write pages on what I think the dynamics are here...
but it's only an opinion and that ain't worth much!
What will move RMTR up in the near future?
1. Industry wide recognition of FRAM technology.
2. Patent troubles cleared up.
3. Benton shares placed-but that will take care of
itself when 1. & or 2 happens or when someone
else besides us sees the value.
Thanks to the guys posting on this web...I feel EVEN more
convienced that the fundamentals of this co. are strong and
getting stronger.
I say the value in this company has not yet been discovered
by the general population...and when it does...5-6-7 will
look really cheap. We'll all be asking why we didn't buy
more.
In closong-I KNOW you should NEVER say NEVER- it was just to
make a point. |
