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Rand Logistics, Inc. Message Board

  • o08o.ugh64w o08o.ugh64w Feb 28, 2013 3:56 PM Flag

    Time to start buying

    The stock has been destroyed. Yes, it can still go lower. However, insiders have begun buying - including the CEO and CFO.

    Decide how many shares you want to buy in total, then cut that number in half or a quarter and buy that amount now. If it heads lower, then buy a little more.

    The financials look ok. Not fabulous, but ok.

    Six months from now, this will be a winner in your portfolio.

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    • Last 2 insiders purchase on 2/21 got it free - must have been the options.
      When last earning came out 2/7 RLOG - was the start of share price going south.
      Takes guts to buy when price head lower and eventually value stocks bounce.
      How high can RLOG go before another pullback? I'll guess and say 6.75-7.50 range.
      Bought at 6.38, 6.00, 5.75, 5.60.
      Quarter-end earnings estimated to be negative; positve for quarter-end 6/30/13.
      Unloved small cap stock can take wild swings.
      GLTA

 
RLOG
3.45May 21 4:00 PMEDT