Market's Down; RM Blog's Up!

Thanks, thanks, thanks! August 6, 2007 was the second highest one-day total number of visits to this blog since we started back in November. That's in the middle of the summer and there have certainly been more important weeks for the RM world than this one.

Of course we are all worried about the direction of the US and world stock markets and the psychology that is taking a relatively narrow series of issues and causing them to impact on many unrelated aspects of investing mentality.

But let's all keep in mind as we look at deals that today's market conditions are not what really matters when a company pursues a reverse merger. Since it can take a number of months after a deal before "real" trading begins, we end up prognosticating as to how the markets will be in the future, not today. Let's also remember that over any ten-year period, investing in equities always beats out any other type of investing. So if a you take a long term approach, and a broad view of investing in a variety of transactions over a period of time, ultimately you will balance out market conditions to have minimal impact from down markets.

Hang in there everyone, it's still deals-a-plenty from our limited perspective. Thanks again for your continuing, and growing, support for the RMB!