The 10-chart is indicating that a run is about to take place to the upside in RVLT. OBV and Accumulation are at the tops of their respective windows! Good news in the morning would push this through the resistance at $3.54!
I am too, but my hunch is pure speculation! This thing will run on positive news now! We seem to have a buyer at current level.
RVLT has been squeezed to the apex of a 2 + month wedge and could be a big mover with news.
Do you people realize that 2 1/2 % of the total shares traded in 1 trade at the end of the day!!!!!!!! Buyout!!!! Maybe not tomorrow, but it is coming!!!!! Who did that??? Sucks to be short of shart tonight!!! Baker Brothers are gonna make this rock!
Hang in there if you own it! If you don't, then don't worry about it, turn out the lights so to speak! The market could use some clarification on the recent purchase, but that will likely not happen this week!
We are in the eye of the hurricane. This company is laying the ground work for a tremendous sales growth machine in an explosive once in a lifetime transformation. YES IT IS JUST LIGHTING, BUT IT WILL BE TRANSFORMATIVE. La Penta is doing what he does in an explosive industry. Right place at the right time. Look back in 6 months when this is in the teens! Someday he will likely want to sell this company like he did L3, but I think we are going to have to wait a while!?
Generally the fish that is doing the eating is not the fish that gets eaten by another! RVLT is gorging itself currently!!! As much as I would love to see RVLT receive a buyout offer, it is not happening anytime soon! This company is creating value and will see much higher prices soon based on future growth in the top and bottom lines! I do think a new 52-week high is likely before December 31st, 2013!
I am long and would love to think that, but lets be realistic. Not happening!!!! This may move to the $4 area quickly though? Why don't you go play with the Beaver and let this thing rise on its own you cant seem to get it up! No pun intended.
RVLT-Robert La Penta continues to assemble what is looking more and more like a + 100 million top line company in 2014 that is predicting it will grow 50+% organically!!! Yes it is being assembled through acquisitions but he has done it before! He is assembling a manufacturing, distributing and installation machine for commercial LED lighting This will get their product from manufacuturer to end use very rapidly. Smart?, I don't know but I think so and it seems very logical. It appears to be giving RVLT the inside edge on a lot of projects and markets. They can finance, they can manufacture, they can distribute and they can install! RVLT appears to be on the way to becoming a one-stop source for most commercial LED projects!? IMHO when this starts rolling through to the bottom line this will be one train that will be hard to stop! The key will be: being patient enough to wait for the fruit to ripen! IMHO positive results will start to flow in the 4th quarter, so that means it is happening now and will be reported in the next 90-day time frame, give or take a little!
Add me to the not selling camp! In fact I am adding and when this goes above $3.54 sometime this upcoming week I am going back on margin!
Institutional holdings have increased to around 14%. Credit Suisse AG added about 914000 shares and Harvest Capital opened with 500000 shares.
Amateur hour forgot to tell their yes men that strong growth companies command a higher P/E multiple than mature companies! So comparing RVLT to a mature company is not an apple to apple comparison.
RVLT is setting up for an explosive move to the upside as amateur hour at the fool has shook out the weak hands. Someone is sucking up the cheap shares!!
The fourth quarter will have quarter over quarter growth of 100% or MORE! The fourth quarter will EBITDA positive. The company will be profitable going forward to the tune of 15% EBITDA going forward, but loss carry forwards will mean the company will retain all the cash and then some!!! ORGANIC GROWTH OF 50% OR BETTER GOING FORWARD!!! READ THE 8-K PEOPLE. The fool is the fool on this one and yes it is a lame attempt to get out of their's or someone's close short position!!! I hope The Vanguard Group doesn't read the fool or they might stop buying RVLT. LOL!!!!!
There was a reported buyout rumor. This is what I heard: Rumor=Cree interested at $7/share and of course Cree reports tonight. I highly doubt this!!!!!!!! But I would take it!