A reminder ORGINALLY POSTED BY PASCHAL then by OB2...
Alot of wisdom in this post...
Below is paschal's last post 3/8/07:
"Its gonna take more than three months in current market conditions.
Will just repost an email below from this morning:
"While global markets are in such turmoil it is unlikely that larger holders are going to accumulate bigger stakes in RMG, and smaller holders will keep selling. If 2.1c doesn't hold today it would be heading back to 1.7c in my opinion in the short term. Once the global shakeout is clearly over it will recover in short order as the low price will make it easy lifting by a bigger holder.
Also, it is likely that deal making type announcements will also be put on hold until the market is more bullish, so that they get some value in terms of capital raising prospects.
I would bet that it will close at or above 2.1c today and probably hold this level until markets regain strength, and then a deal making style announcement will be released."
the only thing I will add to these comments is that RMG is not an expiring instrument, so you don't really lose anything except the time value of money by holding onto it. Its not going to go broke whilst one of the Directors is the CEO of Holloman Corp."
