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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
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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).


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

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
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