Poor company, silly MD, SP overvalued, big crash in price soon, best sell now.
Think that should cover my shareprice RRL forum post
Always makes me laugh what some fokes post on those boards.
Its definitly going up, I just know it
Ive no idea why anyone here likes or dislikes the shares mentioned, I can only assume you do all the working out in your heads and you aint just buying it because its 5p and it sounds cheap
I'm thinking of getting into Asos
My pyschic powers fail me, what are you thinking
All I know of them is they are an internet retailer and so a hot prospect because of that apparently and have already risen a lot.
Questor mentioned them, I like his research/point of view
I could look at the share price and draw a funny little chart of average price over time etc but that gives probablities of future change at best.
Small investors just guess I reckon or do a lot of their estimation subconciously /subjectively perhaps
The chart view of RRL is that it has just crossed the 5 day average price which gives it some weakness. If we took a ruler to the highest and lowest prices of the last few months it would project 5.5 to 4.5 as a rough turning point for that.
If they are a crap company or maybe somalia breaks out in more war then that'd not likely hold I guess so fundamental reasons always matter more then just guessing the price direction
I got confused briefly as a gas company of the same name but 6.5bn company is listed RRC in america. But this one is only on the ASX & AIM I guess
Anyone got a good long term chart for RRL . iii forums mention they had a rights issue ?
This guy mentions what he trades and very brief reasoning on it, wrote a decent book also -
http://nakedtrader.co.uk/index.htm
Read a good report on rrl thrown out by google finance
http://www.stockopedia.co.uk/conten...ockopedia-news-about-the-oil-gas-group-44710/
They seem a reasonable punt because they I think they have a regular business going ? as well as the high risk prospects in that semi war zone of puntland!