Also another I like and own PERI...presentation at same conference 2:10pm
Look for winners in a bear market. RDCM positive today. Also RSYS.
FYI, two more of MY top holdings...ORBC & AIRI. Airi is trading in the $6's paying $.60 dividend. Either Air is in trouble or unreal buy at this price.
For what it's worth, I doubled my positions in rsys & peri on their price drops. My opinion, both way undervalued.
Maybe I should start charging.:) RSYS up 30% since I posted. Also, ORBC and CEMI hitting 5 year highs. Microcaps are finally doing better than mega caps.
Nice call Tim,Unfortunately I did not pick up any shares RSYS but keeping my eye on PERI.
Thanks Thomas. Buying $2-$3 stocks is my sweet spot. At that price, I can afford enough shares to make a financial difference, if the company gets it together and starts a long term uptrend. Conference calls are the retail investor's best friend. I'd put my money in mutual funds without conference calls.
RSYS has been on a nice ride but I sold on the day it popped. Now I wait patiently for it to come back down to earth before the next move higher. It needs to come back down to the 2.85 area to fill in the gap. Does not always work perfectly, but I will start to leg in around $3 bucks.
I agree Kurt, RSYS has had a nice pop. I sold only 5%, because they may get added to the Russell 2000 at this market cap. I assume the Verizon win is why the stock moved so nicely. What they have done is remarkable timing. "As Verizon introduces open, flexible technology that paves the way for central office transformation, we look to companies like Radisys to assist us in that journey," said Damascene Joachimpillai, architect, cloud hardware, network and security, Verizon Labs. "Network modernization will rely on solutions such as DCEngine that meet service provider needs with open source hardware and software technologies."
Sometimes it doesn't pay to flip an undervalued company. I almost got shaken out of dot hill at $1.40, before it continued to run to buyout price $9.75.