Hi Hans-Erik + Thread,
I agree that RATL has a great future, and you make a compelling case for owning RATL stock. I also agree that holding for the long-term is a very good strategy, and that I'm taking a chance on missing a big run-up by being out.
Nevertheless, I will stand aside temporarily.
Here's my thinking: RATL first went to $18 after the April earnings report, but has been at or lower than my $14 1/2 target on about 1/3 of the trading days since then. On 5 of those days, it could be bought under $12. (I mean to say the price was there at some point during the day; not closing price.) Looking at the chart, it's clear RATL is trending up over the long term, but I think it's reasonable to think it likely we will see another dip to under $14 1/2 at some point in the next few months.
Also, If Asian economies are perceived to be on the road to recovery, money will flow from bonds to sectors which have been depressed by the Asian problems. RATL has been a relatively 'Safe Haven' from Asian woes (except for irrational market-wide sell-offs), so has less to gain from Asian recovery, so may be perceived to have less up-side potential than some others. ---The other side of this, of course, is 'What if Asian recovery is Not on the horizon?
All this just my Very Humble Opinion, of course, and I would not be so bold as to put myself forward to state it except in the Hope that Others who are more Experienced and Knowledgeable will be so kind as to correct me and point out flaws in my thinking.
regards,
diana
<<<Off Topic>>> ODIS
Thanks for pointing out ODIS, Hans-Erik! I'll check it out.
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