Somebody towards the end of the session opened 1.5m positions in both RRR & RGM. The same person or just a coincidence? Market cap of both RRR & RGM is now almost the same. Will we see tomorrow the rise here? As usual poor speculation but with a high probability.
these are the ones who never enter a share till it is about to peak-yes I was one of that happy band last time-the herd have not even thought of coming in here yet- 1. RRR has a recent history of very scary behaviour. 2. the rise from 0.38p to 0.48p is discounted though that is 34% ! 3. they are busy hiding money in banks at 0% interest or even getting daily profits in the FTSE350.Since the last action sounds so sensible it isn't on the bad list at all. 4. in fact mining shares are h8'ed like poison by most and those who invest regarded as lunatics,there is blood on the streets exactly Buffetts conditions for investment.
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