DT
My opinion on RSYS is based on its profits, low PE, and, most importantly, its relationship with Intel.
If this were some small, fly by night Co. then a drop in price due to an alleged "accounting problem" would definetely shake me out. However, a Co. with an serious and direct Intel relationship usually doesn't have to participate in such actions.
250-350% revenue and earnings growth GUARANTEES high PEs, wild fluctuations in price, and newsletters will jump on - this should be expected!!!!!!
If I can buy such a stock below its 150 day MA, I will - especially given the TA history of RSYS.
And, guess what, these kind of fluctations in price will probably continue until RSYS has 25% earnings growth and all the newletters and momentum players have moved on.
Stephen |
