Register
Login:
Share:
Email Facebook Twitter




Range Resources Ltd Share Chat (RRL)

RRL Share Chat - RSS Feed

Share Price: 0.245Bid: 0.21Ask: 0.29Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.08Spread as %: 38.10%Open: 0.245High: 0.00Low: 0.00Yesterday’s Close: 0.245


Share Discussion for Range Resources Ltd


Thread View

Please login or register to post a message on Share Chat.

Posts per page:

Celticheart
Posts: 9,109
Observation
Opinion:No Opinion
Price:0.245
Small manipulative trades
Today 09:14
It is high time that these small cynical trades were looked into properly, whoever is behind these (and I have my suspicions like most) they are disproportionately affecting the sp. If that is not market manipulation then what is?Surely it would be simple enough with so few trades to identify who is behind this.

Just two trades so far today for approx. £10 each and the sp falls 15% utterly ridiculous
 
OilSpill
Posts: 50
Off Topic
Opinion:No Opinion
Price:0.245
RE: small trades
Mon 18:16
Mickdee, If you strongly believe this SP is being manipulated then I think it only right that you should warn potential investors as they could well lose their life savings because this of this behaviour. However you do not you actually defend the SP by trying to create excuses that others want in cheap and therefore are trying to bring the SP down with small trades.
But how cheap and how low you and others never state as you cannot simply because don’t seem to recognise this fall as real, you seem to mask it as if were insignificant in the grand scheme of things when in fact the fall in SP had been significant and is very real. Attempts to mask this is futile and lacking any logical thought whilst also proving that they only manipulation lay in posts that seem to try a deter any logical thought to keep the conspiracy theory alive and well to appease those that have seen their choice of investment not perform in the manner that had been paraded before them.
A gambler never thinks his luck, bad luck, can get worse the gambler always thinks the luck will turn for the good.
This stance you have taken is not only illogical but contradictive and yet one you pursue it as a matter of course which is odd. One can only assume that you are unable to debate with any reasonable thought. You are very quick to try and make me look like I am somehow a part of the problems which you and other posters have contrived.
If I had thought for one minute that an investment that I had placed my monies in had been and continued to be manipulated I would report and would most definitely concentrate my efforts on getting answers from the people who are tasked with investing time and dedication to such crimes rather than spend my days on a BB professing as much, but it’s not my monies therefore with this in mind I will refrain from conversing with you and would like you to extend myself the same courtesy.
I mean you no harm and it is not my intention to insult you in any way but the lack of common sense alone is disturbing; however with that said I may well be wrong and RRL's SP had indeed been manipulated and is continued to be manipulated although In either case both circumstances make this a bad investment and just maybe in your on way, as with other posters who take the same stance, have done enough to deter new investors with your theories which I admire

Thank you,
OS
Mickdee
Posts: 2,193
Off Topic
Opinion:No Opinion
Price:0.245
RE: small trades
Mon 17:59
Oilspill
Lets agree to disagree and leave it at that.
OilSpill
Posts: 50
Off Topic
Opinion:No Opinion
Price:0.245
RE: small trades
Mon 17:24
no I know it wasn't personal, I did state that. I was relaying the fact that your analogy looked at the current situation as a personal, like being an unprovoked attack when in fact it was you who invested and co0nstantly denied yourself the truth about the constant fall.
as for explaining manipulation and window dressing, well I don't have to and I think we at least I have established I think don't think they are the same whereas you clearly do.
Range has operated within AIM rules and AIM had also observed the rules, the Market Makers also operate within the rules of trading, they have tried many times to encourage a market as it there role to do so.
II's have also acted within the rules, even if they have allowed shares to be loaned out for shorting purposes, this is within the rules.
Dozens of people have complained officially - oh well it must be bent then. I really don't know what to say to you as you have convinced yourself that this stock, AIM had been manipulated when in fact as far as I can see there had been not substance to back up your claims and certainly no investigation regarding the trading pattern with regards to RRL...
II's are allowed to do all manner of Asset management with stock they own and you have no say. You only have say about the stock you hold and U suspect since your holding does not warrant a RNS then you are restricted to mainly buy or sell.
Just because things have not gone as you wish or where lead to believe they would does not mean that your investment decisions had been sound ones.
lets suppose for a moment this stock is being manipulated, then why not warn other posters that this is one share to avoid as it is being manipulated?
Mickdee
Posts: 2,193
Off Topic
Opinion:No Opinion
Price:0.245
RE: small trades
Mon 16:51
Oilsplill
Nothing personal inferred. You still however have to explain the difference between window dressing and manipulation. I've been trading on AIM for 6 years. I don't know what experience you have but over the years dozens of people have complained officially about AIM trading to no effect. Who sets the SP? Who sells the shares and to an extent the price you pay? It is basically the one set of players and open to misuse until there is a defined firewall that those setting the SP cannot trade in the shares
Kiplingcakes
Posts: 2,681
Off Topic
Opinion:No Opinion
Price:0.255
Back above 0.3p when....?
Mon 16:48
Celtic finally bails?

OR

Oil back over $40....?

Each just as likely. ;-)
OilSpill
Posts: 50
Off Topic
Opinion:No Opinion
Price:0.255
RE: small trades
Mon 16:11
mickdee, by your own admittance this is normal trading therefore not manipulation as it is within the rules. If anything remotely looking like a crime had been committed then I'm sure the necessary authorities would have escalated the matter and at some stage a police investigation would have followed.
You simply can not make accusations of manipulation simply because the investment had gone sour or not performing as some would have us believe it should.
Your analogy is far from a good one as you seem to make it personal ( and I am by no means taking it that way, just trying to point it out), you cannot compare your analogy to your investment in range.
But to stay with your analogy for one moment I will add that nobody forced you to open the door and invite these
people in, you did that...
Like it or not AIM is playing by the rules and I believe no manipulation had taken place with regards to trading / trades and I find it acceptable then AIM would not exist. Lots of companies on AIM reward investors ten fold and more, so there are winners. Quite simply AIM is legal and operates and companies operate within the rules some of which a very strict.
When ones investments goes sour that's when the smoke and mirrors come out compounded with excuse after excuse these do nothing to serve the BB and potential investors as the message seems to be "this share is being manipulated to fall"...
not a good advert for potential investors....
Mickdee
Posts: 2,193
Off Topic
Opinion:No Opinion
Price:0.255
RE: small trades
Mon 15:37
Oilspill
You never answered the question on the difference of window dressing and manipulation.
As for accepting that AIM's bad trading practice is an acceptable norm I will disagree. If I come round to your house every Friday and Saturday night and beat you up it would become the norm, something for you to look forward to, but it would still be assault!!!
AIM is in the mess it is because the slight of hand by the dealers has become the norm but it doesn't make it legal.
jeffry
Posts: 2,529
Off Topic
Opinion:No Opinion
Price:0.255
happen
Mon 14:48
I would have thought we should be above 0.3p by now after oil rising from sub $30.
OilSpill
Posts: 50
Off Topic
Opinion:No Opinion
Price:0.255
RE: small trades
Mon 14:41
"There are billions of shares but not all of them are on the market. I don't think that Abrahams etc are selling off shares in 10,000 or 2000 parcels."

no I don't either, however it is normal practice for II's to place shares on loan for financial gain, which again is normal practice across the markets.




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.