Let's clarify some issues here bounty, a year ago I had faith in PL and I still do not feel that he was completely to blame for our problems, much of what we have in place was down to him. Eventually I came to realise (and so did the BOD) that we needed a hard nose finance man rather than a dealmaker at the helm. My faith in RSR is based on facts and research but you imply that I just switch my view without thought. Circumstances change and my views simply reflect that. You have an agenda, what it is I am not sure but I am sure that you do not like positive posters upsetting that agenda, live with it I am here for the long haul.
By the way the 30 RSI being an oversold signal was not my concept but J. Welles Wilder's who created the system.
Ch I've told you many times why I post, it's like a glorified WI meeting here, all gamblers together egging each other on. Mm's know this and love it, the only people who are going to make money, over time, are the mm's. The ramper's, IMO, are 10 times worse than de-rampers, because holders want to believe what they say. You say you believe in range and RSR, when you originally invested you hadn't even heard of RSR! My view is you've got no choice to believe because you don't want to take a 40%, which is fair enough! but you shouldn't continually post manipulation, blue finish etc because you only say that when it's dropping! you didn't seem to mind so much when it quadrupled. Range have lost trust in the market from years of misleading info. It doesn't take a rocket scientist to work out that 533 bopd doesn't produce a positive cash flow so how will they keep going with no cash coming in. History will provide the answer.
Have just got out of Tesco and bought some more Range at 1.82p. Ave now 1.12p, and a nice blue screen that I have had for several months. Range has been so predictable since February (6 months next Sunday since RSR had his coronation), just that many cannot see the predicatblity yet, are hoping for 2000 bopd by end of October and we can all get very excited about making oodles of quick profit or losing kitchen sink.
News this week was so yawningly predictable, as has been every announcement and interview and article since Feb. Good young CEO, good young CFO, excellent new COO. Money, best technical support, huge acreage, 5p prediction by Malcy with no time limit but presumably within his lifetime, 3.7p prediction by Cantors within a shortish time scale. And lots of nice buying and even more profitable selling at moment. So, like the President of an eastern potentate, it is win-win. Even enjoying watching this price slump as we know there will be a nice climb to come soon. And I am not selling any till they go over 9p (which they will, and in my lifetime).
Me too. Can i just say a BIG thank you to the posters (you know how you are) who for the last 48 hours have made a concerted effort to try and get this price down. Your barefaced cheek is amazing. Anyway THANKS, i now have another opportunity to pick up a bargain.
are most difficult things to understand in this world....he is recommending this since high teens right untill 0.7P...his charts are always bullish...I feel sad for those who find solace in his messages when they are nothing but a salesman's words..just if people would have traded this in last couple of weeks would have been much happier..earlier CH had faith in RRL and Landau & co. now he has faith in RSR speaks volume about foundation of his faith.....if people are aware of situation at AFREN, a lot worse has been done at RRL unless RSR come clean on that I have little doubt its a new beginning.
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