I like the bashers. Although most of the bashers who have nothing to add but nonsense are all on ignore.
But I do keep those who aren't bashers but have interesting thoughts about Rad's movements not on ignore.
I've always felt that you never want to ignore those who have legitimate reasons why a stock should be suspect to lower earnings or pps.
Ace has always bashed Rad. But at the same time has interesting reasons why he thought so.
He, being always against Rad since under a dollar, and me always buying more stock.
Stick with RAD. IMHO
Well we didn't crack the nut @ $8.80.
But volume was great , 35 million.
IMHO I do think it will be cracked this week.
This drive up is still in place. I expect the 52 week high will be breached very soon also.
If so, it's off to the races.
The only thing that will halt that drive and maybe lose a little in PPS is an announcement that WBA is moving to another investment besides Rad.
For me I feel there are bigger fish out there that may be interested, not just WBA.
If that happens with WBA going elsewhere, and there is a pull back of 25-50 cents per share, which could happen, I'll be buying more due to the fact that Rad can stand alone without a buyout and will increase in price, if you give it time during it's revival to a really great company.
Jim was a peanut farmer. I rest my case.
I forgot, who made the deal to let Khomeni back in the country? Wasn't he in France for years up until the revolution.
He does the spell check on many other forums.
I'm glad I didn't have him for my english teacher, I would have failed.
I did get a C for being on time when I was in class.
jr4 My investment portfolio, not to be confused with my total wealth, is mostly in stocks. But for the last 12 months I've kept my total investment account 75% stocks, 25% cash. The cash stays in the account in case of a big downturn in the market. Which can be redeployed if the opportunity presents itself at any given time.
I can afford to see loses in my account and have in the past.
I mention the 25% cash holdings to the board only on the assumption that the market can turn down abruptly and some may be forced to sell their holdings in a panic. Or they may need cash to be used outside their portfolio for personal reasons.
I survived the 87, 2000 and the 2009 downturn and redeployed my 25% cash back in when the dust settled.
The cash just gives you the ability to hold your stocks and not sell them.
My portfolio is diversified and only in good companies. Most paying dividends.
During the years mentioned above I was able to buy 50% more of the stocks I already held with the 25% cash I had.
Staying 100% stocks until 12 months ago when I went back to the 25% cash by selling a portion of my stocks that had very good gains.
I know I may be preaching to the choir, but there are people on this board that can ill afford a 20-35% correction on the downside.
If that happens it may take years to recover those investments.
As far as Rad is concerned I've always looked for turnaround opportunities in companies. When I started to invest in Rad it was with my speculative money. Money I was willing to risk. And was willing to lose if I was wrong. I love Rad's story and it's future.
Seven out of ten of the investments I've made in speculative stocks over the years I've lost money.
As I have taken profits out of Rad over the years my Rad holdings are 80% free money.
You know the old saying, of pigs and hogs and you never go broke taking profits, thats how I invest.
P.S. for the grammar and spelling checkers out there keep your comments to yourself. I'm too old to care
You would have to go back 6 years to see the volume of shares and stock movement in the trades on a given day to understand where I'm coming from.
The large moves up or down has a pattern.
It's been very consistent over these past years.
I don't disagree there was a lot of profit trading today.
But my point is, that Rad is making big strides on a turnaround in many areas which I don't want to go into, since you already know.
But, for those taking profits today at this volume doesn't make sense to me knowing what we know.
I have to go back to the shorters once again. The drive up to the high 8's and then the tumble back above 8.5 makes a lot of sense to me.
A 30+ cents decline at millions of shares is a lot of money to some group.
Sorry to ramble on.
Thanks for your input.
I'm long for the past 6 years.
P.S. for the retail small guys like myself, keep your investment portfolio in 25% cash.
And never invest money in anything, you can't afford to lose.
Choices yes, I agree 100%.
Thumbs down, I should have realized that came from the ACE group.
Nice posts by the way.
P.S. Anyone taking this volume of trades for a profit may find themselves wishing they didn't in the next few weeks. At least that's my humble thought at this time.
I appreciate your thumbs down. In all due respect
the high volume at the high 8's was fast and swift.
As a long term investor in Rad I've seen this time and time again.
The shorts have been covering for a while. When they saw the spike today they, as I would have done if I was a short, would have shorted as well.
Rad, over the years, has been a buyers and shorters dream. In most cases I assume the same players. Run it up, capture the short day traders. Run it down, capture the weak hands and then let it slowly go back up again.
They have made millions on Rad from the time it's been over $5.
Run it up run it down.
I made the mistake mentioning the market makers. Their job is to keep an even balance between the buyers and sellers. Misspoken
I wish $8.80 a.e.o.d. But have my doubts until it shows strong evidence it can climb pretty well past it's resistance. Yes indeed, I'd be careful holding any shorts through this weekend.
IF it drops $2.00 due to a Supreme court ruling I'll sell my car to buy more and then walk to Rad.
Thanks for my spell check. I know you are there watching the boards for anything of a grammatical
error from us poor snooks who think faster than our two, sometimes one finger can type.