rdf powering ahead, page-21

Metala
I don’t think just because a stock is up 120% is a reason to sell . It depends on the stock. If it is one of the many others listed here on HC then selling would be a sound decision because most of the stocks on HC are just pure crap with traders playing pass the parcel and hoping they are not holding the parcel when the music stops.

RDF is a company expanding very quickly. It is number one in the USA market . It has close to 50% market share in a market which is around 5% of what it will be in 10 years. It is positioned to grow into a multi billion dollar company. As such the market cap of 150M is relatively small

I have bought a lot of stock at sub 50 cents, but I have increased my holdings at 70 cents,85,110,121,143 and last week at 1.60.

The price has run hard and logic says there must be a minor correction at sometime but don’t expect much more than a 20 cent correction . If you want to compare this stock to another stock on the ASX I would compare it to TOLL. RDF could easily perform as well as Toll has done in the last few years and that is a BIG call. Anyone who sold Toll early would be very disappointed now