Replies
6
Sharp find Sharp!
I like his style,
“Buy stocks that are so out of favor that people are wrong about them, and stay with those companies until you see the upside.” It’s worked.
Posted by GARIF - 10 years ago
Great find Sharp. I guess that gives us 2 heavyweights with big positions (Raging Capital & RIMA). Maybe they will both fight each other for the biggest piece of the pie.
RIMA will probably also want Board seats like Raging Capital. Let's hope they both continue to see potential despite CRG and are willing to bid up the price & attract others.
If we can get above $ 5 that should also attract other funds whose bylaws don't allow for investment in sub $ 5 cos.
Posted by Techinvestor - 10 years ago
The barrons article cited above highlights Digimark (DMRC) as an investment of RIMA. I have peripherally known of DMRC for years. It is another company with constant promise and no revenue growth. (revenue is now $25 million per year.) The stock has been all over the place in the past 5 years.
http://finance.yahoo.com/echarts?s=DMRC+Interactive#%7B%22range%22%3A%225y%22%2C%22scale%22%3A%22linear%22%7D
As far as an investment story DMRC and VTSS are certainly clones of each other, promise promise promise but very little on the delivery side. Lets hope now is the time for both of them to deliver.
Posted by dlog - 10 years ago
Yea lets hope this scavenger(RIMA) is good at his craft!
Posted by GARIF - 10 years ago