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Range Resources Ltd Share Chat (RRL)



Share Price: 0.46Bid: 0.41Ask: 0.51Change: -0.035 (-7.07%)Faller - Range Res.
Spread: 0.10Spread as %: 24.39%Open: 0.46High: 0.46Low: 0.46Yesterday’s Close: 0.495



Share Discussion for Range Resources Ltd


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Kiplingcakes
Posts: 3,414
Off Topic
Opinion:No Opinion
Price:0.205
Oil up 10%
12 Feb '16
Hi oil spill.

Thanks for your message. Very happy with my buy thanks. Spoke to IR today and very happy to wait this one out.

Cash in hand exceeds market cap and oil looks to be rallying hard.

Back to 0.3p support once oil gets over 35 a barrel imo

Then back to 0.8p placing when OPEC strike a deal.

I'm buying.

All the best
 
OilSpill
Posts: 351
Off Topic
Opinion:No Opinion
Price:0.205
RE: Celtic - reporting my posts
12 Feb '16
Hi Kipp,
how's that buy panning out, maybe you should have waited as the SP appears to be doing as I predicted. It had already breached .20 and even made a new intraday low. It may well pull back before the close of play but looking like it will close down as predicted earlier in the week...

I fully expect this drop to continue next week...
Kiplingcakes
Posts: 3,414
Off Topic
Opinion:No Opinion
Price:0.205
Celtic - reporting my posts
12 Feb '16
What is wrong with asking abour your average?

Still very sensitive i see....
Celticheart
Posts: 9,425
Observation
Opinion:No Opinion
Price:0.205
Opec prepared to discuss oil cut
12 Feb '16
UAE's energy minister Suhail bin Mohammed al-Mazrouei said the Opec oil cartel was willing to talk about cutting output with other exporters – but analysts remain sceptical.

://www.theweek.co.uk/oil-price/60838/oil-price-will-recover-to-100-unless-there-is-further-climate-action-says-bp
OilSpill
Posts: 351
Off Topic
Opinion:No Opinion
Price:0.205
RE: Predictable
12 Feb '16
the lower the sp goes the more chance of it being a cheap buy 'n sell opportunity for day / swing traders.....
Celticheart
Posts: 9,425
Observation
Opinion:No Opinion
Price:0.205
Malcy's Blog
12 Feb '16
Oil price
Another bad day at the office, particularly for WTI which was hit harder than Brent as Genscape pointed out that stocks at Cushing had reached 90% of capacity. The EIA numbers had actually been better than expected showing a modest draw against forecasts of a 3.2m build but that was soon forgotten. After comments by Igor Sechin at IP week the market is not expecting any help from Russia although this morning prices have rallied as the UAE energy minister has said that Opec is willing to talk, something we all know but actions speak louder than words. This morning has also been helped by comforting GDP figures from Germany which, at 0.3% are in line with expectations for the 4th quarter.
OilSpill
Posts: 351
Off Topic
Opinion:No Opinion
Price:0.205
Oil prices
12 Feb '16
jump but weekly losses and physical excess loom....

"The comments by the UAE oil minister are pushing prices up ...but we're still in a long-term downturn. That hasn't changed," said Hans van Cleef, senior energy economist at ABN AMRO. He said Friday's spike is "an indicator that it's not a one-way price movement anymore ...we will see a period of high volatility."
http://www.cnbc.com/2016/02/11/
Oleum
Posts: 3
Off Topic
Opinion:No Opinion
Price:0.205
RE: Predictable
12 Feb '16
SP .19 and looking to make a new low...

good luck
Axebob
Posts: 303
Off Topic
Opinion:Strong Buy
Price:0.205
RE: Predictable
12 Feb '16
Brent crude up. 4.4 nimex up 4.6 . Share price down flat. Nonsensical
Celticheart
Posts: 9,425
Off Topic
Opinion:No Opinion
Price:0.205
Predictable
12 Feb '16
We get two buys for 0.2384 and immediately a small sell comes in to drop the sp, so predictable




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