We will be getting Q2 info soon, but in Q1 institutional holdings decreased about 900K in RGRP.
So why am I here? I have no position in ROO yet, but I follow Essex Investment Management and they increased their position in ROO in Q1 by 654%, adding 169K, for a total of 195k shares. You can access individual stock ownership and the overall holdings of the companies that hold a stock at www.nasdaq.com. A great service, post questions if necessary.
If Essex is putting money into RGRP, I am watching it. I am a little concerned right now about a general market correction. If, and when, it happens, I might be buying some ROO.
Looking forward to Q2 institutional holding activity, when the info comes out at nasdaq.com.
Reuters has an outperform rating on ROO, Technical Factors, Operational Trends and Value Catch-Up, all outperform. While Fundamental Quality is underperform. This is from Reuters Company Research report dated June 12, 2007, at $2.14 a share. I checked the June 28, 2007 report and it is the same.
The point and finger chart has bullish price objective of $10.50, www.shockcharts.com, gallery view.
Will keep the board posted. Good investing to all.