Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (8) | Ignore Thread Prev | Next
Author: tim443 Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 3296  
Subject: Re: RS - major ouch Date: 12/14/2008 10:21 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
RS had a good pop this late last week. I don't follow the story but noticed it has some (two?) followers on this board. Is this story worth looking into (notwithstanding the little brouhaha they are currently involved in).

coldcanuck


Well, when the TSX asked them why they went up 78% one day this week, they said they had no idea.

http://biz.yahoo.com/cnw/081211/resin_systems_respond.html?....

As to " Is this story worth looking into", there is no way I am going to suggest buying them. They have a couple of very interesting products that in normal times could do very well. Unfortunately, the bankruptcy of their contract manufacturer exposed them to serious financial stress at a time when that is about the worst thing that could happen to a small company. They were supposed to be cash flow positive this quarter but that has obviously gone by the wayside.

Regards Tim
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (8) | Ignore Thread Prev | Next

Announcements

2013 Feste Award Voting Begins!
Who will win the 2013 Feste Award? Vote now for the Fool that most exemplifies the Fool Community mission of Learning Together!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Tax Strategies

TMFPMarti-Feeling Good
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement