The past couple Times I BOUGHT RSH near Bottom, i made Out VERY WELL
We are Very near a Bottom again, maybe another half buck down is a Good bet against $5 bucks UP within the next 3 months as summere draws near.. RHS has OVER $5 in cash and will reward many Very nicely If bought way Down here.
Yeah I have flipped this a couple times up to $7.70 from the low $7's and made out ok. I think Rsh will be fine. $5.50 I think someone at SP is trying to shor this baby for sure. I M back in at the $7 level as well with a fairly large position of about 4000 shares. Well large for me that is. LOL
Here are Few at or near Bottom Stocks that can make someone a Nice Bundle: RSH CECO MT and VE and it Might also be a Good Time to Nibble on some shippers that have been beaten down hard the past couple years: FRO GNK DRYS and spec on PRGN EGLE and EXM along with CPLP (nice dividend)