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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: CpsOmis who wrote (25546)9/9/2003 12:45:19 PM
From: energyplay  Respond to of 206323
 
Hi CpsOmis - I would not be surprised I there were some more games played with RRI's stock price - there certainly were in the past year.

They did get a rate increase, that will start shjowing up in revenue by the quarter after this.

Next quarter may not be great however.

But their real value is easily some large percent (80%) of their $19 book value, and the stock is just over $5.00.

I can wait a year for a 3 bagger. Right now, RRI is in my buy and hold and don't worry about group. Lots of noise over the next year, but I still expect a much higher price 12 months from now...