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JimVanMeerten (62.35)

Radcom has price collapse

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September 13, 2010 – Comments (3) | RELATED TICKERS: RDCM

This morning I deleted Radcom (RDCM) from the Barchart Van Meerten New High portfolio after an complete and unexplained price collapse.  The stock dropped 31% in the last 2 sessions,  Capital preservation is paramount in this fund so I'm not going to go against the numbers. 

We are out on very negative price momentum and I'll try to find reason for the collapse later.

Jim Van Meerten is an advisor to Marketocracy Capital Management who uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.
 



Disclosure: Jim Van Meerten through Marketocracy Capital Management has an interest in the stocks mentioned in this blog..

3 Comments – Post Your Own

#1) On September 13, 2010 at 11:20 PM, TMFUltraLong (99.95) wrote:

This morning I deleted Radcom (RDCM) from the Barchart Van Meerten New High portfolio after an complete and unexplained price collapse.

Jim, 

You're good at what you do and have plenty of followers...but unexplained...probably not. Did you really expect Radcom to be able to sustain that parabolic move? Fundamentally not worth more than $6.50.

UltraLong

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#2) On September 14, 2010 at 11:06 AM, JimVanMeerten (62.35) wrote:

I guess you wouldn't go for "unexpected" either?

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#3) On September 14, 2010 at 2:09 PM, TMFUltraLong (99.95) wrote:

To me the move upward was unexpected... I mean their quarterly report was bullish but not nearly "that" bullish.

UltraLong

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