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Range Resources Ltd Share Chat (RRL)



Share Price: 1.95Bid: 1.95Ask: 2.00Change: 0.02 (+1.04%)Riser - Range Res.
Spread: 0.05Spread as %: 2.56%Open: 2.00High: 2.00Low: 1.84Yesterday’s Close: 1.93



Share Discussion for Range Res. (RRL)


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LordSnooty
Posts: 4,140
Off Topic
Opinion:No Opinion
Price:2.19
Clearly
11 Jul '14
someone believes news is very imminent, hence these repeated sweepings-up of shares towards the close. Whether 'they' know any more than anyone else about the sale of assets and their timetable is moot however....still, a nice strong finish for a Friday.
 
SMTMH
Posts: 2,183
Observation
Opinion:No Opinion
Price:2.15
2.21 mid close
11 Jul '14
2.2/2.22
DoubleDown
Posts: 50
Off Topic
Opinion:No Opinion
Price:2.15
View Thread (2)
RE: Re: DoubleDown
11 Jul '14
As far as i recall, its only a 'real' golden cross when both Averages are rising, AFAIK the 200 day is still falling?
SMTMH
Posts: 2,183
Observation
Opinion:No Opinion
Price:2.15
another good week.
11 Jul '14
Nice bit of buying into close. 2.22 being paid which pleases me as it is the level I topped up earlier!
Rexco
Posts: 2,472
Off Topic
Opinion:No Opinion
Price:2.15
All the traders are selling?
11 Jul '14
What are all these sales going through? hardly the sign of a Golden Cross. They don't know what there doing. HAHAHA
Rexco
Posts: 2,472
Observation
Opinion:Strong Buy
Price:2.15
View Thread (2)
Re: DoubleDown
11 Jul '14
So Celtic what you are saying is that despite the Golden Cross being the optimum sign for traders it has had no effect whatsoever on RRL trading which is down today even as the Golden Cross is being made.

Isn't this proof positive that RTN has been right all along when he says these tech traders are talking rubbish. If they were right this share would be sky rocketing.
JDwag
Posts: 1,483
Off Topic
Opinion:No Opinion
Price:2.19
View Thread (2)
RE: forget the number of shares
11 Jul '14
Not to mention when they shift the non core assets they will probably commence a buy back of shares as spoke about on here.

JD
SMTMH
Posts: 2,183
Observation
Opinion:No Opinion
Price:2.19
CH
11 Jul '14
Good post!
SMTMH
Posts: 2,183
Observation
Opinion:No Opinion
Price:2.19
View Thread (2)
forget the number of shares
11 Jul '14
All about market cap! Look at the assets and potential vrs market cap. IMO RRL has a lot more to go in the short and medium term!
Celticheart
Posts: 5,160
Observation
Opinion:Strong Buy
Price:2.19
DoubleDown
11 Jul '14
I wouldn't call today a flop, it was never going to rocket on the back of the AGM Yes vote as this was already factored in but had the no voters succeeded then we would have dropped very quickly IMHO. Why anyone would vote no to these resolutions though is beyond me.

Looking at the chart, our support @ 2.15 looks strong, not even being tested at the moment, Paraboloic SAR still very bullish and that Golden Cross is fractions away (if like me you are looking for the EMA GC). We are now well set up for news to come, next week could well be a the start of it. As was mentioned earlier, releasing any news today would look contrived and too stage managed.

http://i1301.photobucket.com/albums/ag109/Celticheartinvestor/Support_zpsd2d66754.jpg



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