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Should You Consider Investing in Rimini Street Inc. (RMNI)? Laughing Water Capital, an investment management firm, published its first quarter 2021 investor letter – a copy of which can be downloaded here. A net return of 25.8% was delivered by the fund for the Q1 of 2021, ahead of its S&P 500 and Russell 2000 benchmark that delivered a 6.2% and 12.7% return respectively in the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021. Laughing Water Capital, in their Q1 2021 investor letter, mentioned Rimini Street, Inc. (NASDAQ: RMNI) and shared their insights on the company. Rimini Street, Inc. is a Las Vegas, Nevada-based software company that currently has a $702.5 million market capitalization. Since the beginning of the year, RMNI delivered a 88.26% return, extending its 12-month gains to 102.92%. As of April 23, 2021, the stock closed at $8.34 per share. ....