Register
Login:
Share:
Email Facebook Twitter




Range Resources Ltd Share Chat (RRL)



Share Price: 0.336Bid: 0.302Ask: 0.37Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.068Spread as %: 22.52%Open: 0.40High: 0.40Low: 0.336Yesterday’s Close: 0.336


Share Discussion for Range Resources Ltd


Thread View

Please login or register to post a message on Share Chat.

Posts per page:


OilMonster
Posts: 88
Off Topic
Opinion:No Opinion
Price:0.35
WTI CRUDE
8 Mar '16
On the rise... Should test $40 this week - if that breaks and holds next resistance is $45 which if broken clears the way for a run up to $60
 
1Paul1
Posts: 53
Off Topic
Opinion:No Opinion
Price:0.35
View Thread (2)
MMs
8 Mar '16
The market doesn't function perfectly (many humans are influenced more by the SP for their decisions, rather than the company fundamentals). MMs control the SP, so MMs can influence buy/sell decisions by SP manipulation - leading to MM company profits.

A lot of forums have people confused as to why SPs have dropped, where the buy/sell ratio would contradict this. But it is SP manipulation by MMs most of the time.

Here is a possibility of what we have just seen.

Yesterday, huge number of buys compared to sells. MMs share stock drops below target level (they've sold too many of their own stock).

MM Tactic 1: last minute rise to 15% yesterday afternoon. Possible for many investors to miss this as it was so late. Only for a reset of 15% drop this morning, as a method of triggering panic or % driven sells. So traders may sell these as the SP would appear to be on a decline.

MM Tactic 2. Obvious (to some) attempt at manipulation, more buying continues. MM stock levels getting lower. Sudden rise and then drop can influence people to take the deal when it goes relatively high on these artificial spikes.

As long as the majority of buying continues at these cheap levels, and people hold, the MM stock level depletes further. May see a big drop to trigger panic selling, which may well work (but will always have a rise afterwards- MM profit maker). But if a big drop occurs and there is no RNS, no big sells being reported, no bad new stories released, it is very frequently MM manipulation.

MM individuals can be in trouble for this, as they can lose companies a lot of shares/money. It appears to be back firing here so far. Excellent stuff.

Somebody will have a system in charge of this SP price. Watch out for a big unexplained drop. Which if triggers more buying, the resultant rise will be huge.
OilMonster
Posts: 88
Off Topic
Opinion:No Opinion
Price:0.35
Bid
8 Mar '16
Up to 0.32 sells available @ 0.332
This will continue to rise due to minimal capacity on the buy side.
So long as there is not a load of sells this will contiue to rise through 0.45p - the next siginificant point of resistance.
Minimal resistance seen at 0.375 and 0.4p.
OilMonster
Posts: 88
Off Topic
Opinion:No Opinion
Price:0.35
9.34 trade @ 0.33p
8 Mar '16
Was a sell of 11,707 shares (£38) not a buy as is being shown - all other trades for the day are buys
OilMonster
Posts: 88
Off Topic
Opinion:No Opinion
Price:0.35
Brokers
8 Mar '16
Earn their money through transaction fees so its in their interest to get volume up as mich as possible. The bulk of the interest has been buys specifically at 0.33p now that seems to have maxed out so the only way for this stock to go is up to entice some sells... As long as sells are kept to a minimum the stock will keep rising as capacity for buys at these levels has maxed out. Sells now available @ 0.33p thats 10% higher then what kip sold at on Friday ;-) claiming the stock was going to drop near 50% lol
Its amazing the tactics people use for their own self-comfort making totally baseless statements!
1Paul1
Posts: 53
Off Topic
Opinion:No Opinion
Price:0.35
Mms
8 Mar '16
Mms bleeding cheap shares here.
Celticheart
Posts: 9,606
Observation
Opinion:Strong Buy
Price:0.35
View Thread (3)
100% BUYS today so far
8 Mar '16
It is amazing how AIM functions at times, we had an artificially high close yesterday which is masking the 100% BUYS today making it appear that we have dropped. Clever stuff really.
Rexco
Posts: 2,992
Observation
Opinion:Buy
Price:0.35
RE: Oil rise premature, probably
8 Mar '16
I would suggest that those who bank roll the US shakers will have a say at what POO they would resume there support.

I would expect the covenants covering the finance facilities will have been tightened a lot.
Sanchez57
Posts: 1,515
Off Topic
Opinion:No Opinion
Price:0.35
Oil rise premature, probably
8 Mar '16
so let's not personalise. In Hollywood comeuppance is common but in real world , US shalers are still there and ready to uncap wells at $40 oil. sad to say.

http://www.cnbc.com/2016/03/07/markets-eye-50-a-barrel-oil-but-rebalancing-may-not-be-over-ihs-says.html
Sanchez57
Posts: 1,515
Off Topic
Opinion:No Opinion
Price:0.3755
View Thread (2)
RE: kiplingcakes
8 Mar '16
was telling someone to pay attn to what Oma was saying so why does cakehole not follow his own advice? he's hardly echoing oma's growing optimism but then traders do behave in their own self interest.

How's oil doing today I wonder? Not nailed on yet imo.




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






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.