Riding The Gravy Train: long RC, ALS

Riding The Gravy Train

Beating the market is fun and profitable. This is how we do it.

Tuesday, October 03, 2006

long RC, ALS

Long RC, RDM Corporation at $1.77 on the TSX.

With the TSE stagnant or dropping lately due to the resource sector being stuck in the doldrums with oil and gold sliding, we like that RDM Corportation is making new 52-week highs.

While it trades in Canada though, this time we're not buying a resource stock.

"RDM is a leading developer of specialized software and hardware products for electronic payment processing. RDM has pioneered electronic check conversion systems and web-based image and transaction management services for banks, retailers, payment processors and government agencies. RDM's Image & Transaction Management System (ITMS(R)) is an industry leading e-check processing solution whereby transaction information can be remotely captured and processed electronically from distributed locations, freeing up significant customer float time and significantly reducing costs associated with returned checks."

Recent news and numbers look good for continued success.

We've held RDM for a year now, originally purchasing around $1. We're adding this week hoping it continues along its very compelling uptrend.

RDM Corporation


Uranium continues to reach record high prices but related stocks have not yet made a new move upwards. We expect to see that resolve in the near future with uranium stocks making moves higher.

With that in mind, we're going long ALS, Altius Minerals Corporation at $6.88 on the TSX Venture Exchange. We like how stable it has been in light of the recent resource markets, and we like the mix of resource ventures the company is involved in.

Altius Minerals Corporation