Register
Login:
Share:
Email Facebook Twitter

RRL Share Chat - RSS Feed

Range Resources Ltd Share Chat (RRL)



Share Price: 0.885Bid: 0.87Ask: 0.90Change: -0.045 (-4.84%)Faller - Range Res.
Spread: 0.03Spread as %: 3.45%Open: 0.88High: 0.90Low: 0.82Yesterday’s Close: 0.93


Share Discussion for Range Res. (RRL)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


Celticheart
Posts: 5,811
Observation
Opinion:Strong Buy
Price:0.85
View Thread (2)
RSI
2 Oct '14
Looking at the RSI I do believe we are on the verge of a major bounce, all those shorts have to be closed at some point and when this bounces watch the rush to do so. (disclaimer, the above is only the opinion of the writer and is in no way meant to influence anyone else into buying or selling this stock). There you go :)
 
Celticheart
Posts: 5,811
Observation
Opinion:Hold
Price:0.85
View Thread (5)
Back to business
2 Oct '14
Now that we are rid of the unwelcome distraction I would like to put forward a thought for discussion. The money RSR has raised is said to be towards improving the situation with our rigs, what if, in conjunction with LO we have decided to bring in an external contractor with their own rigs in the way that LGO have been doing? PIs are frequently commenting on our extensive labour force, maybe we could kill two birds with one stone, slash our labour force (a tough call I know) and increase our production rate. I would like to see some cost equation against replacing our old rigs.
garyn
Posts: 32,202
Observation
Opinion:No Opinion
Price:0.85
View Thread (2)
matlot
2 Oct '14
Glad to hear you're doing well, has been mixed for me lately - although HUR worked out very well as was in very heavy before the results of the appraisal - obviously had a fair idea of what the outcome would be otherwise wouldn't have risked all that on any drill ;) I can see this going lower from here as can't really see what is going to drive the share price forwards unless an asset sale comes and we all know how 'imminent' they have tended to be in the past - still can't believe how long it takes US banks to clear funds, must be over a year now, or whatever other excuses were used for Texas delays LOL
lewisycymoedd
Posts: 1,508
Off Topic
Opinion:No Opinion
Price:0.85
RE: celticfart
2 Oct '14
The link was pop song by Napoleon - "they're coming to take me away" Sorry if link does not work.
Landauslide
Posts: 367
Off Topic
Opinion:No Opinion
Price:0.85
RE: tutty bye
2 Oct '14
Your energy would be better served hounding PL , the real thief and destroyer of RRL. You are not really Celtic beating your self up , are you ? :)
Photomic1962
Posts: 6,583
Off Topic
Opinion:No Opinion
Price:0.85
Celtic and a few others
2 Oct '14
Mate, just use the Filter button to clear out all the unnecessary rotten wood. The more rot that sticks here, the more it sets in and is harder to get rid of. LSE will sort it before it contaminates the whole board!

It was written earlier that RRL deserves to go under. Well, sort of but not quite like that! It just needs a complete change of management that actually know's what to do, but who will risk coming in to a company the could be on the brink? Rory;s position is IMO, is borderline untenable unless he sheds his Poodle like attitude and gets his teeth sharpened. I would reckon it's ripe for a takeover if someone can see the potential to make it work. At the present rate, survival of Range is threatened by a constant drain on resources with insufficent input to keep Range shored up. In all honesty, I expect this to go into suspension within 12 months. My view, but I have seen it coming for many many months with a constant decline in revenue, fob-offs and 'keep them sweet' Porkies. A share that could be traded with caution but little else. Best to look elsewhere outside Oil as prices are on the decline for now. I'm still with MXO 'on a promise', if that's possible!
matlot
Posts: 13,697
Off Topic
Opinion:No Opinion
Price:0.85
View Thread (2)
RE: matlot
2 Oct '14
glad to hear it garyn I would have been surprised if otherwise - yep there was always that risk and your calls look about right to me - I haven't read this bb for a while so wasn't sure where you were at - I made some here recentlyish then left it alone when it went over 2p it was obvious with the associated risk it wasn't one to hang around in - agree no pi should invest without proper research and due diligence - currently here I am seeking bottom but think I am a bit early as those .6s of april might be revisited but I might be wrong and rrl might bounce today we shall see but I personally am not doing anything at the moment and came here to see if there was anything to glean against what I already know - it is quite tough as you say but been tougher in past years lol doing well bizarrely hope you are doing well likewise
atb
lewisycymoedd
Posts: 1,508
Off Topic
Opinion:No Opinion
Price:0.85
View Thread (2)
RE: Man up
2 Oct '14
Thanks for challenge (assume directed at me as a poor old aged pensioner), but I feel no guilt, no shame and still believe Range has masses of promise for a penny share and is best one to get into at present for short term and long term wealth. And will still keep persuading all my 17 children to invest in Range and sub them from my family trust funds if they lose money in the interim.
garyn
Posts: 32,202
Observation
Opinion:No Opinion
Price:0.85
View Thread (2)
matlot
2 Oct '14
No, have actually done very nicely out of it since 2011, although have left it alone in more recent times as didn't like the fundamentals at all and saw a chance of it going completely tits-up so wasn't even risking a trade. Tipped it as a very speculative buy at a little over 1p a while back (did drop lower though to the 0.6s) and advised selling at 2.4p in a more recent piece for ShareProphets and gave my opinion of all the Georgia hype (got a bit of abuse from some for that!). Not sure why all these posters are blaming each other for their losses, it was them who decided to buy or sell and the only person who costs anyone money is themselves as ultimately it is there decision to invest or not. Hope you're winning, tough market at the moment.
Sonmi-451
Posts: 215
Off Topic
Opinion:No Opinion
Price:0.85
View Thread (2)
Man up
2 Oct '14
DO YOU FEEL ANY GUILT FOR MISLEADING YOUR FELLOW PI'S ALL THIS TIME.

(Just incase you missed it the Third time.)



Share Trading BrochureRequest your Free brochures on share dealing, spread betting and CFDs

Sign up for Live Prices
Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


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.