In my opinion of course, today it traded over 65 million shares. It has got to be history volume for them. News articles were coming out every 10 to 15 minutes too. Today is actually the first day of a run-up. The weak hand is all out. Most people who bought today bought over $2.00. They are not going to be satisfied making 25 cents to 50 cents a share. This is especially true when they know that they could get a lot more if They will patiently wait. Could this stock double or triple? It's a possibility. Normally a good run will last close to 5 to 7 days. I have seen runs that last much longer. especially when they make a turnaround. They went from losing 18 cents a share to making a profit of 13 cents a share. I consider this to be a turnaround. I am no expert. Did everybody listen to the conference call? I listened to it and I am very satisfied. I think the conference call was great. I especially like what he said about future gains. There are going to be a lot more news articles coming out. Analysts will start upgrading this. A lot newer investors are going to start buying it and adding it to their portfolios. Is this the beginning? The fun has just started.
The stock broke a 52 week high. RAD is going to run. This is the 2nd quarter of positive earnings in a row. Based on the PE of most companies in this market and RAd earnings for the next two quarters at this pace RAD should be trading at $9.00. If RAD earnings outlook improve as management has said they have $14 to $18 in 6 months is not unreasonable. Thats why the shorts are like rocket fuel and the perforance of RAd was the fuse