re: next target--$1.60-- chartist Hilldweller Thanks for the...

re: next target--$1.60-- chartist Hilldweller
Thanks for the compliment, very unusual to get one here on HC.

I really dont have much to add at this time. The California contracts came through as expected and there were at least 3 that did not get signed but will get done in the next couple of months, there will be plenty of other contracts signed over the coming year.

Also I suspect more than half of the options will get exercised which will add to the companies cash pile. This will more than likely lead to an increase in the installation rate from around 15 a month to 22 a month by adding a third crew within the next 6 months.

Quite a bit of the potential buying has been soaked up through the options being exercised at $1.10 which has probably held the stock back a little but the price is consolidating nicely

As to where the price goes the only thing I am certain of is higher.


There really is nothing to stop the stock now. Total approaches contracted now is close to 600 which leaves a backlog of close to 400 which at the current install rate will take over 2 years to install. Contracts wins are increasing all the time. The gap between RDF and its compeditors is increasing. Revenues are growing rapidly, profits are growing rapidly.

Pretty easy decision for existing shareholders. Just hold for a few year and watch the price rise and rise.

Looking forward to another great year for RDF.

And if you dont know by now I hold lots of shares and I am not selling