RCON has been using an accounting firm from the United States and stringing back to back earnings together that are showing real growth. It's for this reason The Street upgraded RCON in my opinion... If the coming Quarterly report is solid and from the companies statements in previous reports it looks like it will be well $5 is modest price target. RCON should be taken seriously as a non state owned oil company doing business with the largest state owned oil companies in China who are hell bent on growth.
Expect RCON will move like a true growth stock this time around... see the 2 year chart? RCON is in an uptrend already. With the volume that showed up on a Friday to grab shares before the quarterly report release RCON may well pop $3.40 before the Quarterly even comes out. It has the time however that time is ticking down rapidly to get in before the report.
Message board commentary is a lot of guess work, I would suggest everyone use due diligence here and see for yourselves what the potential is or is not.
My 2 cents says anyone buying before the quarterly report will be happy they did.
13 trade days left till the Quarterly report is due. Take off 8 days because the last time it ran 8 straight days before the report then broke higher on the report release. 5 trade days left to get in cheap... under $2.50 is cheap IMO