RODM - looks like a rocket

likesmoney · #2 (**permalink**) 09-28-09, 09:56 PM

RODM had a nice day today

Notice the price target.

Happy Trading

likesmoney · #3 (**permalink**) 09-30-09, 05:53 AM

More good news for RODM

China Education Alliance Announces Pricing of Public Offering of Common Stock - SmartBrief

This means $17.4MM to be exact --> translates into nearly another $1MM for RODM's bottomline this qtr!

Nice, just as expected RODM is surpassing the $525MM mark as we speak.....wouldnt be surprised to see another deal break through sometime tomorrow before the qtr officially ends.

Happy Trading

Stocktrading101 · #4 (**permalink**) 10-02-09, 10:47 AM

While this stock still holds its latest trendline it did collapse back within its base although on declining volume.

I guess your $5.08 stop is still good at the moment! You still holding this or did you sell when it broke $6?

likesmoney · #5 (**permalink**) 10-02-09, 03:35 PM

I am still holding.

The more I learn about this company, the more Bullish I get.

On the first day of Q4 and already RODM announces a $4MM deal. Its not big, but it definitely shows people that RODM is not slowing down and in the weeks to come I am sure that RODM is going to announce more deals, especially since the deals they earned during their conference wont close until this qtr!

RODM is amazingly efficient and their profits are exploding. This stock is still very pent up at the moment, another few days like this past Monday are in the near future for RODM, and then the earnings report should solidify what we all know - RODM is making a lot of profit and the PPS should be much higher than it is.

Source: http://finance.yahoo.com/news/Cataly....html?x=0&.v=1

Happy Trading

Stocktrading101 · #6 (**permalink**) 10-02-09, 03:57 PM

Amazing to think the stock was trading for a whopping $.14 cents back on March 9th.

Will keep an eye on this one, hopefully it can cross back above $6 here next week and move back up towards its recent highs.

likesmoney · #7 (**permalink**) 10-05-09, 10:05 PM

Rodman & Renshaw Once Again Ranked #1 Investment Bank in PIPE Market by Deal Volume

NEW YORK--(BUSINESS WIRE)--Rodman & Renshaw Capital Group, Inc. (NASDAQ: RODM - News), today announced that its broker-dealer subsidiary, Rodman & Renshaw, LLC maintained its leading position in PIPE transaction deal volume during the first three quarters of 2009, gaining the top position in PlacementTracker's PIPE Market League Tables, published by Sagient Research Systems. During the first three quarters of 2009 Rodman completed 54 transactions raising a total of $834.9 million. Rodman completed three times as many PIPE financing transactions as its nearest competitor. Rodman was also the number one ranked PIPE advisor by deal volume for all of 2008, 2007, 2006 and 2005.

Source: Rodman & Renshaw Once Again Ranked #1 Investment Bank in PIPE Market by Deal Volume - Yahoo! Finance

Happy Trading ---------- Up 6.21% today

likesmoney · #8 (**permalink**) 10-16-09, 08:44 PM

With the NAS down today, RODM was up 0.95% -- a Bullish Sign.

These are the stocks and approximate deal value according to SEC filings that RODM has in the "PIPE"line.

ZST Digital Networks - $32 million
CYRX - $10 million
CAVO - $35 million
ADAT - $10 million
CDII - $5.2 million
China Electric Motor - $16 million
China Cord Blood - $20 million

Total is $128.2 million. The deals aren't slowing down!

RODM consolidated and found support. Now it is ready for the next leg up.

I expect that as these deals close heading into earnings and the price to soar.