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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: SteelerStu who wrote (438)1/22/1999 5:28:00 PM
From: Stock Watcher  Respond to of 52051
 
Steel; on RDIM; we've been following this one since Jeffrey L. Henken made us aware of it @ .21 in December. The stock hit 1.03 and then backed off searching for a support level. It hit .60 and then bounced up to close today @ .93.

They are expanding, but limited information is available in SEC filings and financial services. Also, we don't know how much cash they have available.

You may want to send a note to Jeffrey, who is our resident expert on RDIM; he's on top of each and every development.

Personally, I'd be cautious on this one until they become a reporting company or show .01 in earnings....hope this info. helps...enjoy your weekend....sw