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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Carolyn who wrote (3291)1/1/2005 10:49:36 AM
From: Vendit™  Read Replies (3) | Respond to of 8752
 
Carolyn,

To look at a break out chart like RSTG that has been dormant for a period and then suddenly moves up like this one is hard to place any technical meaning behind it or predict where it might go because of the lack of previous “like” chart history.

139.142.147.218

I looked at the fundamentals of the company and didn’t see any news releases the past few days so the price is moving on insider information.

If you read the two news releases below it would appear that RSTG seems to be on the verge of some military and automotive contracts. If I read how the company is structured correctly, they are going to sell “licenses” to their technology rather than to manufacture the product. I believe that RAMBUS did the same thing with their software technology and is why their stock was such a high flyer. I.e. low overhead.

home.businesswire.com

home.businesswire.com

One last comment is that I believe this company is actually an OTCBB stock and the true ticker symbol is RSTG.OB.

The stock is just one year old and it looks like support is at and a good price to enter the stock would be at the $8.00 level.

139.142.147.218



To: Carolyn who wrote (3291)1/19/2005 11:08:02 PM
From: Vendit™  Read Replies (2) | Respond to of 8752
 
RSTG and a re-visit of our previous discussion of a possible story stock play:

Message 20905767

Today’s chart:

139.142.147.218

My answer to Carolyn’s question of 1/1/05 about KLP’s OTCBB stock.

Message 20905802

Someone correct me if I am wrong. RSTG not only moved from 11.00 to 19.00 but has also become a great roller to trade.

Thank you KLP!

Reid