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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Ken W who wrote (27399)12/5/2001 7:21:03 PM
From: JoeinIowa  Respond to of 29382
 
Ken,

A few items caught my eye when I just went back to review RSTO. One is that the one analyst they have left has just revised the earnings for the next quarter and they are supposed to make money. They also made money in last years quarter that ends Jan. Not sure why given they really do not have the ability to make money with their current stores. Two is that once again they just sold shares at 3.90 to raise cash. Is this Deja vu again or what. I wonder when those can be traded.

I still can not figure out why the stock went up? Also what is the real float? Yahoo says 600K but there are almost 3 times that many short.

All I know is that the chart looks ready to move down. Thanks for the comments.

Joe