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RPC Inc. Message Board

  • sheamanski sheamanski Feb 28, 2007 1:07 PM Flag

    Where is this stock 10 yrs from now?

    Question for longs..What can this stock do long term in your estimation. Looking for long term ideas for the SEP and this one has come up on a couple of screens. ANy thoughts appreciated. Regards.

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    • It will probably trade around $17 with a P/E of 1.

      Just saying. This stock is frustrating as all hell.

      • 1 Reply to dclazard
      • Let's hope it makes it through the next 30 days, when it confronts its yr/ago price level. A month when its closing price ranged from $12.57 - $15.25. Previously, mgmt repurchased stock @ discount prices. Given their $700 mil debt/expansion plans, they no longer have that option..

        The rally off of insider trades @ $15.70 in Dec offered shorts better prices to place their bets.

        as I've mentioned previously, technicals offer POTENTIAl/PROBABLE guidelines.

        RES' recent trading has rendered all technicals meaningless.

        Notice how Tuesday's flimsy bullish activity evaporated on WED when the mkt rallied.

        theStreet.com one the battle.

        UnCanny how today's hi ($14.79), so far, was last year's adjusted close....

 
RES
22.77+0.45(+2.02%)Aug 29 4:04 PMEDT

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