RAX It Takes Patience

١٩ أغسطس ٢٠١٦

We all look for instant gratification. The RAX negotiations seem frustraingly long, but I believe the reward will be worth the wait. As my earlier follow up to my original Buy recommendation said to aggressively buy below 30, I stress that below 28 the risk reward ratio becomes even more favorable. I still believe that a private equity deal would take place in the low to mid 30's area and if a strategic high tech corporate buyer surfaces a sale would go for close to 40. BUY and be patient.