Posted by: fortunefaded February 2, 2010
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Buy RPC.
Insider buying filed with SEC Form D today. The transaction is supposed to be of 3.66 million while the market cap of RPC is only 6 million. If this goes through in the near term, the stock price will explode. Luckily, the report came out at 2 pm today and the market did not seem to notice it.
Here's the link:
http://finance.aol.com/company/radient-pharmaceuticals-corporation/rpc/ase/D/10566172/html/sec-filings
P.S. I got in at 0.32 on Monday because I did some 'fundamental' analysis on this stock. The company is way undervalued. No wonder you see 'smart money' flowing through as you can see from the volume. Looks like there is more institutional buying to be done.
Regarding the market, I am still skeptical on the bounce we have had. If we pause for a day or two, then we should see further downside.
Good luck to you all.
FF
Insider buying filed with SEC Form D today. The transaction is supposed to be of 3.66 million while the market cap of RPC is only 6 million. If this goes through in the near term, the stock price will explode. Luckily, the report came out at 2 pm today and the market did not seem to notice it.
Here's the link:
http://finance.aol.com/company/radient-pharmaceuticals-corporation/rpc/ase/D/10566172/html/sec-filings
P.S. I got in at 0.32 on Monday because I did some 'fundamental' analysis on this stock. The company is way undervalued. No wonder you see 'smart money' flowing through as you can see from the volume. Looks like there is more institutional buying to be done.
Regarding the market, I am still skeptical on the bounce we have had. If we pause for a day or two, then we should see further downside.
Good luck to you all.
FF