Actually British Bulls last posted a SELL on November 24th, this is their current position:
RANGE RESOURCES Last Signal:STAY IN CASH Last Pattern:BULLISH DOJI STAR Last Close:0.3250 Change:-0.0150 Percent change-4.41% Signal Update Our system’s recommendation today is to STAY IN CASH. The previous SELL signal was issued on 24/11/2016, 12 days ago, when the stock price was 0.3500. Since then RRL.L has fallen by -7.14%.Market Outlook The last pattern detected was bullish with positive implications. The overall evidence, however, is saying “Watch Out!” but it is not yet pointing to BUY.
Hi, just noted your post on iii (read but dont post there).
Just wondered how you came to the opinion of "RRDSL stopped at 2,140 because they hit the main target early which means, if anything, it could be a lot bigger than expected" as for me it just means the geology was different to expected.
Were you comparing the payzones being tested or something. As was unsure how you got to this statement.
PS why you put up with and entertain Marshi is beyond me.
Celtic, not trying to pick on you, but LO have not excelled in anything yet as far as Range are concerned and this is represented by the SP.
They have drilled wells quickly and (I think) all of the wells have been completed ahead of schedule. It is now more a matter of whether they can bring these 2 wells (and existing wells) into profitable production.
I hope that all the hard work re the enhanced techniques come good as at the moment we appear to firmly have all our eggs in the waterflood basket.
Still holding close to 2m of these shares. The next 6 months could see some sizeable profit and exits for a number of holders I would hope, if Range and LO finally deliver on their plans.
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