There have been a ton of messages recently regarding RAD. Why? Because there are a few of those that post nonsense and have no idea where RAD has been and where it is going. Excluding ACE of course and his numerous names that call for the great losses expected in RAD.
RAD will continue to do well in the LONG term. Not necessarily next qtr.or the next year but long term.
Many on this message board are either long or short hoping to change the minds of others.
I have no idea that there could be a buyout, and I don't care. Some on this board are hoping there will be one.
Most of all the long term holders, like myself, would rather have RAD prove that it can stand on it's own.
Why? Because we feel RAD on it's own will be worth more than any take over offer, and we have been in RAD many dollars ago.
Now,as usual, I implore all investors to keep at least 25% of their total portfolio in cash.
Good night and good luck!!
What you did and why is not my business.
But you did what you felt was right and I applaud you for it.
You'll never go broke taking a profit, as my old pappy used to say. And I never look back if the share price explodes upwards.
You have cash on the sidelines and that's what it's all about.
If RAD goes down along with a market upset or poor earnings you will be very happy with what you did. Cash is always king in any portfolio.
Going all in is a fools game just like trying to catch a falling knife.
So, as a man who is not able to take a terrific downfall, you did the right thing.
Good night and good luck.
My 5 has been my useful right hand man for the past 4 years.There are others still holding 4's. Good grief !.
Now I want the new 6S and will buy it come this September. Why? Because I love APPLE'S technology and it's superior product. If it bends, HA HA, I could care less. I have wide pockets that are not on my butt.
The watch? I could care less until it captures my sleeping problems. If it ever has the ability to give me my blood pressure then it is the product that 300 million people would want. I don't think they can. So sad. So many lives could be saved if they could.
I've been a long term holder of APPLE and I'm not discouraged by it's drop in price.
I want the larger phone since my vision is failing and I want to see videos on a larger screen than my 5.
Many,who have been in RAD for years, are enjoying the ride. But at the same time are not crazy since we all know what can happen in a down turn when we will buy more stock.
I don't put too much faith in a cvs or walgreen takeover.
Happy to hear you are doing well. My continuos message regarding 25% cash in a portfolio is for two reasons. You may need some additional money for emergency purposes outside the portfolio.
If the market tanks you have the ability to get back in after the dust settles for some great buys.
I'm sure like me you didn't see much green in your portfolio yesterday.
But at the end of the day I knew of many stocks that had no bearing on Greece or China but were very pleasantly priced. If I didn't have cash on the side I wouldn't be able to do what I did.
I'm happy today but still being careful.
The party today could be another Thursday on Monday.
RAD has been just buying it's time and waiting for the next step up. Beyond the 8's and into the 9's.
For the believers we know it will happen. When? We don't care, but it will.
All good things take time. For the day traders who have no patience, the future is on our side, not theirs.
Today I put some of my 25% cash to work in stocks that are moving up town and doing well.
But at the end of day I sold some shares of the stocks that have done very well and went back to 25% cash.
Like I've said time and time again, cash is king and having some cash as a buffer for unexpected emergencies and opportunities is golden.
As most of you know I've been in RAD a long time and loving it!
This keeps the longs and shorts in suspense for a few days.
Sell on the news, as they say, will be delayed and those shorts will be tempted to cover not knowing what is afoot.
But something is afoot and I hope it is good news. Possibilities include the phase III report, a cash infusion by someone or a possible merger or buyout.
I have no reason to believe any of these things are in the works other than phase III.
I'm on pins and needles as they say like all longs and shorts.
P.S. With 25% of the float short, and if there is very good news, this stock will fly during a scramble to cover.
Any thoughts besides it's Monday.
Strong volume. Some big betters are liking LXRX.
If it holds throughout the day it will be more interesting. I feel there is short covering also due to the rising price above their comfort levels.
Last year was depressing especially after the major layoffs that took place previously.
Today there are more cars in the employee parking lot since last visited. I estimate 18-20 % more autos and trucks ( It's Texas) vs 10-12% last year.
Executive parking was also up about the same. Two cars in the visiting area which has about 8 spaces.
Nothing unusual with the make and models. They could be rentals.
Of course this means not much more than a little more activity at the LXRX facility.
If we look at the previous stock price before the 1 for 7 split, today's movement was up about 5-8 cents.
Not much. But if you have been in LXRX long enough the continuous pennies to the upside since the split is not bad. LXRX in the past would surprise to a long down slide as well. One step forward and two steps back.
It would have been nice if there were a couple black town cars in the visitors parking area.
There has to be something wrong.
I've been watching it for the past few weeks and it has no desire to move very much higher.
In the past year it never went over $250.
Once again why the estimate over $1,000?
P.S. I did buy 100 shares yesterday. Nice move today!
You are right on.
RAD by itself is more valuable than any takeover.
Haiz said heavy volume on $8 calls? The stock is 10% higher than that.
Poise for upside? Where is this coming from? It's already there.
Haiz you need to come out from under your haze and cloud.
You will loose your shares in the very near future at $9.03
At that point you will kick yourself and need to buy at a higher price.
Only us long term holders believe in RAD's future.
You short term traders need to get out or get in for more shares.
We are totally aware that RAD can slip and slide in price on a regular basis.
We use the fall off in price to buy more when it happens.
Don't get me wrong, I'm not here to knock your order to sell hmls, only to say the majority on this board are in for the long term and wouldn't sell even at $10.
For me, I'm looking out at 12-18 months for RAD to prove itself as a great turn around stock.
I would hope others will agree with me that are here for the long haul.
As the tide has gone out the last few days, at least RAD is still floating and not sitting on the sand.
One more thing. The short ratio has dropped 1.6%.
Bottom line is that the non retail investors are stuffing their stockings with RAD. And the shorts negative feelings about RAD's turnaround.is turning more of them into believers.
Bought more today.
I have my fingers crossed that GOOGLE will announce a dividend. If it happens this could move the stock back up to $700 plus.
Just wishful thinking on my part.
Non the less, it would be time to distribute some of the cash to holders of GOOGLE.