A tech ipo you should buy: RVBD @ 15
The stock closed @ 15.30 . Technology stocks are leading the market. RVBD makes hardware that increases data transmission speeds (on the internet). This is for an intermediate /longer term hold. Of course, it's also a great daytrading stock because of its volatility (8.75 million shares on the float?). Buy 1/2 now and buy 1/2 a few days later (hopefully on dips).
I believe the stock will see $30 within 3 months.
I believe the stock will see $30 within 3 months.
posted by beanie11111 | 1:38 AM
7 Comments:
Who knows, RVBD could be the next AKAM. Wouldn't that be nice?
pamfla,
yikes, CTIC serious reversal. I would sell if it goes below yesterday's low of 1.62 . The 50dayMA is at 1.45 . Alternatively, you can hold and pray. I think the 1.60 "should" hold.
I posted this yesterday! (Astrologers are hot!) :
'For those of you who believe in Astrology, tomorrow is a potentially very negative day (or a day with limited upside) for the market, based on negative energy projected by a certain planetary alignment.
btw, did you know that charting patterns like Gann's Analysis, Fibonnaci Retracements, and Elliot Waves are derived from the science of Astrology? The reason Fibonacci, Gann, and Elliot Waves work is because they detect patterns and cycles, which by the way is what Astrology is all about. Most of the people who study these charting techniques will inevitably come to the conclusion that there is something missing about Darwin's Theory of Evolution. Darwin talked about how species evolved, but he himself admitted that his theories do not address how the species first come about!! This is where our educational system and our biologists are confused. They come up with a lame theory that we all started out with the elements and then somehow combine to form a cell and then finally to being thru millions and millions of year DUE TO RANDOMNESS. The fact that we see patterns and cycles all around us pretty much invalidates the random formation of living cells. You go down a beach and you see a watch, the watch did not come about by share randomness but a product of intelligence. Patterns and cycles mean only one thing - that there is Universal Intelligence (Nature, God, call it whatever you will) at work. There is just no way around that fact. There is too much "order" in the universe. It's the reason that Mathmatics work!
Obviously, Darwin's theory of evolution is only 1/2 the truth. The other half is Creationism, but not in the strict religious sense that creationists want us to believe. As always, the truth is somewhere in the middle.
Just my 2 cents.... '
Market participants seem zombified.
The market is treading in dangerous territory.
You need to be careful if we don't rally towards the close.
Most ipos will get back to their opening price within a few weeks of trading. So you may still be able to buy at $14.
How can one like AKAM and not RVBD?
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