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RSG $1.01

RSG ... buyer and seller adrift

  1. Ever wonder why the buyers are backing off and the sellers are afraid to meet the buyers at lower levels?

    and visa-a-versa!

    Someone either wants to hold RSG up or something is brewing!!!

    What that is I do not know.

    Lets us wait and see the 4th quarter report, out early next week.

    On the technical front RSG had a great correction and needs to break above 80 cents for it to move higher.

    On the downside, I estimate that the stock is trading about 10% discount to its NPV, so any fall could be a good entry.

    On any rally, its bye bye RSG and I am switching to HRR.

    Arhidas

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