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Michael Masterman introduces Saffron Energy to London AIM Market (LON: SRON) Watch here

Michael Masterman introduces Saffron Energy to London AIM Market (LON: SRON)


Range Resources Ltd Share Chat (RRL)



Share Price: 0.3605Bid: 0.35Ask: 0.371Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.021Spread as %: 6.00%Open: 0.36High: 0.375Low: 0.35Yesterday’s Close: 0.3605


Share Discussion for Range Resources Ltd


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pigmonster
Posts: 688
Off Topic
Opinion:No Opinion
Price:0.3605
Bobo
Fri 19:51
Total agree... an good honest informative post, Well said sir better to leave with your shirt or even a T shirt than walk away without any cloths at all..
 
Investor_Tester
Posts: 159
Off Topic
Opinion:No Opinion
Price:0.3605
RE: Celtic
Fri 17:11
totally agree CH , just need the results and they need to come fast. Any dilly dallying with petrotrin will delay things and PIs will lose patience (I will definitely!)

Hopefully the waterflood very different signoff process to new wells or workover etc. cause then we can crack on at our own pace.

This is why its so important the next news is positive and shows good progress

Here's hoping to a good set of results soon

Good weekend to you all

IT
bobo
Posts: 8,204
Off Topic
Opinion:No Opinion
Price:0.35
View Thread (2)
RE: Holding on for grim death
Fri 12:05
workover, obviously depending on your buy in price, (I prefer to miss out than play catch up) but my point was the market usually gives you a chance to get out when you've picked a wrong un....just don't miss it. There are plenty of people in those companies you mention who were heavily under water and watched a recovery come and go and ended up with nothing. I guess part of it is admitting you picked a wrong un

two points...
the initial buy in is critical, if you bought XEL or GKP at £4 you were always doomed. (but I wouldn't do that)

all the examples I gave eventually collapsed, I just grabbed my chance.

in fact even with RRL I missed my get out chance by being greedy over the puntland results. Live and learn.
Celticheart
Posts: 10,332
Observation
Opinion:Strong Buy
Price:0.35
RE: Celtic
Fri 11:35
It is all dependent on how the waterflood and production figures grow but if we can get to our 2000 BOPD target and the PO continues to rise I can see us getting up around 2p by the year end. Remember Aminex was less than 1p a year ago and is now above 7p
roofman
Posts: 60
Off Topic
Opinion:No Opinion
Price:0.35
View Thread (2)
Celtic
Fri 11:07
Celtic. I have a few shares in here and like reading your posts. You say you think this share should start moving in about a year. Where do you see this she being in 18-24 months
Mickdee
Posts: 2,385
Off Topic
Opinion:No Opinion
Price:0.36
RE: Ridiculous
Fri 10:48
The biggest disappointment this week was that Celtic bought 1,000,000 shares and didn't buy them as 50 x 20,000 to manipulate the price up. Shame on you Celtic!!!! :-)
Celticheart
Posts: 10,332
Observation
Opinion:Strong Buy
Price:0.36
ţ40 trades
Fri 10:27
Have checked short tracking sites, none evident on Range at the moment but someone is definitely using DMA to keep this down while volumes are low. I genuinely believe we will see a re-rating on the next quarterlies.
Tytusaduxas
Posts: 12
Off Topic
Opinion:No Opinion
Price:0.36
RE: Ridiculous
Fri 10:22
That's fine by me! It's obvious that someone is 'holding' the price artificially down here for one of two reasons.

1) that they are shorting the stock.

2) They are holding it down here as to top up bit by bit, slowly slowly.

So which one is it? Personally, I can't imagine anyone would be shorting a stock down here! Plenty of other better risk reward shorts out there.

Why not hold the price down.....with your daft 10 sells for £40, whilst the company actually increase production and improve prospects. Then wait for it to 'coil' and take the ride on the way up! If someone has the means and know how to execute smart DMA trades to hold it down....then they definitely have the know how to pump it later!

All purely in my opinion that is :-D
Celticheart
Posts: 10,332
Observation
Opinion:Strong Buy
Price:0.36
Mill Buy
Fri 10:15
Punctuated by a million Buy
Celticheart
Posts: 10,332
Observation
Opinion:Strong Buy
Price:0.36
Ridiculous
Fri 10:13
9 lots of sells for £40 this morning, unbelievable




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