Billy, I am still a long term believer in RIV's I would not be surprised if they hit $20 by the end of 2011.
If we get a pull back to around mid $6 I will be buying again.
This stock has been one of my most successful trades of all time (first time in I bought $1.20, sold %5.60, the %9.80) (Seccond time in at %5.70 Sold recently $7.90)
RIV's will always hold a special place for me and I would love to buy back in, theirs is a fantastic story. The only reservation I have is that their asset is in Mozambique, not the most polictical stable place to be.
RIV Price at posting:
$7.80 Sentiment: None Disclosure: Not Held