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Red Rock Resources Share Chat (RRR)



Share Price: 0.26Bid: 0.25Ask: 0.27Change: 0.00 (0.00%)No Movement on Red Rock
Spread: 0.02Spread as %: 8.00%Open: 0.26High: 0.26Low: 0.255Yesterday’s Close: 0.26



Share Discussion for Red Rock (RRR)


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MrMagic
Posts: 7,095
Observation
Opinion:No Opinion
Price:0.36
Lades
11 Jun '14
"the in out 40% traders are destroying the market imho and are basically stopping growth stocks from growing"

How so? They buy shares freely and sell them freely and longer term investors are free to do the same. A stock will grow (sustainably) imo if it has good management, good income, makes decent profit and keeps its spending in line with its income. The traders don't control those things.
 
Project
Posts: 976
Off Topic
Opinion:No Opinion
Price:0.36
im getting 0.38
11 Jun '14
to buy on dummy 1mil
Ladeside
Posts: 3,512
Off Topic
Opinion:No Opinion
Price:0.36
biff, zumore
11 Jun '14
Yes, the rise is certainly welcome and it does appear to be backed up by some very hefty volume which include a large number of higher value tranches.

I don't know, maybe we're just getting back to where we should have been as we had been dropped too low.

I'm just a lot more cautious here now (not just here, AIM in general) and would be very cheesed off if we had a re-trace back to the twenties from here.

I do hope this is a base from which we can build as the in out 40% traders are destroying the market imho and are basically stopping growth stocks from growing.
Project
Posts: 976
Off Topic
Opinion:No Opinion
Price:0.36
could it just be
11 Jun '14
it is undervalued and timing of upcoming events trigger cyclic trend change - looks like a recovery to reasonable value % of NAV maybe?
MrMagic
Posts: 7,095
Observation
Opinion:No Opinion
Price:0.33
View Thread (2)
DTM
11 Jun '14
Yep good to see, but it isn't going to sway me into buying more shares here. Real results count. Speculation imo is an empty cup.
zumore
Posts: 770
Off Topic
Opinion:Buy
Price:0.33
View Thread (2)
RE: zum
11 Jun '14
Hello gige, if it's that interview with that blonde haired lady then i've seen it.
zumore
Posts: 770
Off Topic
Opinion:Buy
Price:0.33
View Thread (2)
RE: zumore
11 Jun '14
Like i said Ladeside i'm clueless for the rise.

Maybe Matlot's is the reason for the rise? He's always hinting he's knows what coming + he can't wait for the next few RRR RNS's. So could be him for our rise.
Dan_The_Man
Posts: 6,721
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.33
Another 40mil volume so far
11 Jun '14
Pretty good isnt it...
zumore
Posts: 770
Off Topic
Opinion:Buy
Price:0.33
I know some members
11 Jun '14
like reading the posts of bonkers whackjob Atinos Auntie Ettie. So here's his ADVFN RRR post from last evening:

"Fortitude and determination has paid off. Daniel has been a catalyst with sufficient firepower to move markets, more importantly he's a wonderful human being and it is no exaggeration to say is a treasure to have on the share register. With an average not too far north of the current price it would only require a modicum of purchasing for Daniel to reach parity, his buying phase would then be past and will enjoy a low base for the coming harvesting phase whereby Colombia is sold on for proceeds and pending licensing, work shall get underway in the Cote D'Ivoire. Proof positive it is always preferable to average down and thus be proactive to improve one's position than to admit defeat and do nothing. Perhaps more could take that example and be proactive to boost their standing. Start today whilst it is still low. Buy into the rise and see where it may take the price."
biffbaffboff
Posts: 1,134
Off Topic
Opinion:No Opinion
Price:0.33
Ladeside
11 Jun '14
I personally think it's herd mentality. Although we have had mainly positive news recently. DS increasing, JMS results, Colombia selling. Daily mail mention.



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