That would have been a very smart move last year. But with the dollar as high as it is vs the Euro I doubt it would work out. Maybe I'm missing something regarding a tax loss.
We need a good tax accountant who has a good feel for these type moves.
Are you one?? If so please explain a little more so us dummies understand.
Now if you are thinking about buying more or selling, I would wait for another few days. Maybe the 14th or 15th next week to gage the move and volume for a good base. Either up or down.
Remember that the price of Rad was at $7.50 when the rumor started. The volume tells me the rumor is still floating in cyber space somewhere.
If the rumor dies out we could see it go back to the high 7's.
The battle to go much higher is the 9's. That's the nut to crack as I've said many times before.
I also believe as many long term holders do, that Rad in the next 8-16 months will be much higher than what someone would pay at these prices.
Been watching it for a month. Having large moves on a regular basis is frustrating. especially to the down side.
Today's move is very nice indeed. Small float along with lots of shorts makes it a nice play.
Yes the board is very quiet. But if today holds with good trading volume it will collect more action on the board.
The big boys are always expecting things to happen overnight. It didn't happen.
So where are we now? It depends on the investment community. Those that feel Rad is, like long term investors do, is a great Long Term Hold will hang on longer.
Overall I feel todays action is positive. WHY? Because the rumor of potential buyout started mid March. The price of Rad stood at $7.50 at that time.
So Rad could have fallen back toward the pre rumor price. Much lower than it is today.
Bottom line is that Rad has more believers with big bucks than before.
Same thing over and over with Rad. Come out with negative reports to protect their big boys.
For that matter, many other stocks as well.
Future continuous growth.
Long term holders have all voiced opinion, including myself, that we do not want a buy out any time soon.
Rad will provide much better returns on it's own.
Many here were hoping for a short term upswing. We do not. Just steady freddy earnings.
Just fun to watch for the long term investors. Where it goes today doesn't matter to us.
It's the march higher over time that will pay off for Rad's turnaround story.
Like I've said many times before, $9 is the nut to crack. But it must be done with vigor and very heavy volume.
And must hold the $9+ going forward.
Don't be alarmed by this situation. They will be there with bells on if Rad misses by a penny or more.
Same oh same oh over the past 6 years.
Just remember to always keep 25% of your total investment portfolio in cash.
As a long term investor you should not worry about Rad missing estimates this qtr. Message not for res.
It will only be a few week blip if at all if it misses. Buying opportunity? Yes. After the dust settles. If that happens per the shorts expectation.
It's the long term that counts. Not the speculation of buyouts. It's Rad and Rad alone that is the speculation that counts.
Rad as a long term hold.
We don't need to prove it. It's just the way it works.
I'm glad you say you are long but I'm afraid you have no idea how much stocks are manipulated on a daily basis.
Just keep in mind that you are in a casino and the twilight zone.
The casino always has the advantage and the twilight zone can put you in places you should not want to go or be in.
Long bull said it all just as I have mentioned.
Yes jr4 you have been corrected.
P.S. how long have you been trading stocks and how long have you been in Rad.
Just curious. If you don't answer I will assume not to long.
Long bull, I'm sure, is curious as well.
The system works both ways. Bashing a stock and promoting the buying of a stock.
Not just Rad but many others with high daily volume. It must be high volume stocks otherwise it doesn't work in their favor for buying and selling the same stock during the day.
Rad has been a windfall for these trading systems or major holders and sellers over the past few years.
A good jump was just made. Hope it continues.
Resistance for the nut to crack is still $9.
When it does, hopefully this week, it needs to break this barrier with great volume around 45-50 million or more.
This is an example of good news bad news.
Investors Buss. Daily just came out and said Rad and Wba earnings are slowing.
Now pay attention to the stock price and volume increase.
Next watch for news in a few hours or a day or so countering with a positive reason on both stocks.
If that was the case, negative people who are smart or dumb don't stay long after losing money on a stock like Rad or Apple for instance.
It's the bigger whales that have millions at stake that try to influence a holders mind one way or the other. Just a few cents up or down during the day can make these whales a lot of money playing stocks that trade millions of stock shares a day.
They will buy and sell hundreds of thousands or more of the same stock per day based on the price movement.
These are computerized trade systems.
I have no way of proving it, but believe there are companies that have boiler rooms of employees hired to promote stocks that should be sold or bought according to the message presented.
It makes sense if you have large shares long or short to employ these tactics.
You may also notice that there are times when a stock has good news or bad news printed that up pops another story opposite to the one you just read a few hours or a day later.
It's a game played over and over again.
Of course I may be wrong but I believe it has been happening for years.