RINO lifted and added more than 6% gain on rising volume. Tomorrow, it would be a great opportunity to buy an initial position or add to your existing positions, if this trend continues in the morning.
Today’s news:
“Rodman & Renshaw got even more bullish on RINO today, boosting the stock’s price target to $40 from $33. The analyst cited a strong third-quarter performance, diversified revenue streams, and an improved balance sheet following the company’s recent $100 million capital infusion. The analyst said RINO is trading at about 11.9 times the analysts 2010 earnings compared to an industry average of 17.8x.”
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If you are an aggressive investor, you may buy today or wait for tomorrow to confirm this trend.
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