RSYS is still a buy and I am accumulating shares in blocks every time it takes out these levels of roughly $10 a share. This will allow us to Dollar Cost Average Down and build a base. Not for the queasy investor...this stock was just at 10.72 a day or two ago and will rebound very quickly. It could be range bound for the short term, but I like institutional money to come in here and give these share a momentum bump here near its 52 wk low. We saw these same investors probably at the end of last year taking profit to window dress their portfolios. Remember, just less than 3 months ago, RSYS was trading at $17 and we got out on top (check out my blog for our sell date)...but at these levels its time to get back in.
BTW - I am reducing my target to be more inline with analyst recommendation of around $15 dollars a share
$9.81 (02/29/08)
