At 6 cents, RS may still be overvalued.

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ProfitWeasel

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At 6 cents, RS may still be overvalued.

posted on Sep 18, 2010 11:30AM

Too many shares outstanding.

Too much debt.

Too many promises to shareholders.

Too many hopes and dreams about future sales and increased production.

I honestly believe that RS will be purchased by some type of infrastructure company some time in the near future.

Either that or be taken private at these cheap prices.

Cheers,
PW

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