Wednesday, March 28, 2007

PMCL RSDS - Russell Industries

PMCL was our pick after the market close on Friday March 23rd. You could have bought in at .02 . On the 26th PMCL rode up and down leaving a door open for anyone willing to venture a bet that it was going to climb higher and higher.

PMCl close at .028 on Monday. We called it our pick again for Tuesday. On the 27th it rode higher again... this time stopping in the low .03's for a while, dropping off the weak players before blasting into the upper .04's.

Today PMCL tested a territory it is likely to test again... the .05's. You might have been smart selling at .057 - but it will likely go there again, although it might not linger around long enough for you to decide whether to enter or wait. PMCL will be an interesting play for the time being.

RSDS Russell Industries an interesting play. The company has been diluting at an alarming clip. But if the money they obtain through selling stock goes toward Uranium mines who can argue with them? Uranium prices are going through the roof. A New York Times article compared the Uranium rush to the gold rush of the 1800's! If that does not validate this companies philosophy I don't know what else would. We are talking about a nationally published newspaper here!

RSDS is nearing bottom. It is time to hit this one over the net. Ride it, jump on the train, back up the wagon, whatever you want to do. Sit on the sidelines if you want. We are going to blow right past you!

No comments: