If we're totally confident in all the great info that Red Baron and others keep unearthing from AMFIL etc. and the rest of the info available online then yes it's a massive blessing. We've seen twice now that orders announced by AMFIL months earlier do materialise as solid orders announced by RGI a couple of months later so that gives a lot of confidence.
It just all seems a little bizarre to me that seemingly very price sensitive info is all over the internet for months before RGI announce, now I understand the explanation about different reporting regulations in different countries but it just feels a bit weird.
The quarterly will be very interesting, especially as we receive so little info from the company in between. I don't see it as that uncommon for people to sell before a quarterly as a risk reduction strategy (eliminating the risk of the quarterly being bad news), especially when they're taking a profit.
I really like RGI and have a good chunk of my portfolio in here, I believe that we will see massive growth in orders and SP this year, but until the info comes direct from the company I find it hard to go balls deep, there's just a little part of me which says "no". I'm guessing that may be the same for a lot of others who are on the sidelines watching closely for the ann.
RGI Price at posting:
54.0¢ Sentiment: Buy Disclosure: Held
