by, 18th-July-2008 at 08:52 AM (2741 Views)
I've followed RWD very closely since it was around $1.00 and was very close to taking a large position, but held off as I was concerned about market conditions at the time.
I'm still concerned, but RWD has come off from a $2.30 ish peak to fall dramatically (like MAK) back to where I was going to enter.
So, I'm looking at it again. MC is at a point where if it was actually producing now, would have a pe of about 3. And it looks like it will get to mining.
Agricultural products are the go. It might take time to realize gains in this, but I'm going to start picking some up for long term horizon (5 years).
That's my opinion at the moment anyway.
Will probably change after the next financial shock.
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