RMDT - My new low priced pick has history of big rallies
BullRally.com <info@bullrally.com>
date: Sun, Sep 26, 2010 at 6:12 PM
My new big pick is RMDT.
Everyone has been asking for another low priced pick so here it is. These have the tendency to make huge moves fast, and RMDT has a history of this.
Stocks move up and in waves, after a run it usually retraces a bit before another run.
RMDT has been slowly trending up since August, and has made a retracement the last few days. RMDT may be gearing up for another rally. Immediately put RMDT on your watch list and start your research.
The last major rally, the stock went up more than 100% in just a few days and I don't want you to miss the next potential big rally!
RMDT is an electronics recycler. This is a huge business. Last year e-waste recovery globally was around $5.7 Billion and new research suggest it could hit a staggering $14.7 Billion by the end of 2014!!
RMDT has now entered a new phase with E-recycling. RMDT has opened up a new facility to build small neighborhood electric vehicles from electronic waste they collect.
This is a huge step for the company let me explain why..
Remember when Apple when was $20 a few year ago and many thought the company was extinct. Then came the Ipod, Iphone and now Ipad. These new revolutionary products revived the company which is now on track to hitting $300 a share!
RMDT is going through it's own evolution. They have been developing an electronic vehicle the last few years and expects to launch the sales of these vehicles in the forth quarter of 2010.
Pictures of the actual vehicle will be released to the public soon as stated by the CEO in his latest audio interview.
"After a couple years of refining the proof of concept, our team is prepared to move forward with our state-of-the-art 'Triple Green' vehicle. We are very optimistic as we stand at the threshold of our launch into the production stage of this product," stated Patrick Galliher, CEO of RMD Technologies, Inc.
RMD Technologies, Inc. has designed its vehicles to qualify for all federal and state purchasing incentives, including the current federal tax credit available under the Energy Improvement and Extension Act of 2008.
For many years RMDT has been the most experienced E-recyclers in California. They provide services to business, state and federal agencies.
Today's electronics can't simply be thrown in the trash, there are dangerous chemicals and components that must be dismantled from the devices.
With technology expanding so fast people are throwing out the old and buying new stuff on a daily basis. The e-recycling business will only expand in time.
RMDT's new electronic vehicle could be a huge success. It will be built from stuff they collect which usually comes to them for free. The profit margin on these vehicles will be extremely high!!
Getting involved with RMDT while the stock is just pennies could be a big hit
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