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Range Resources Ltd Share Chat (RRL)



Share Price: 0.585Bid: 0.55Ask: 0.62Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.07Spread as %: 12.73%Open: 0.60High: 0.60Low: 0.585Yesterday’s Close: 0.585


Share Discussion for Range Res. (RRL)


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lewisycymoedd
Posts: 3,744
Off Topic
Opinion:Strong Buy
Price:0.54
View Thread (3)
RE: 2 million trade BUY
10 Aug '15
Re my post at 1626, 200k sell would have been significant in last few mins today. 2m DOUBLED our trade today. 2m v significant today, but in scheme of things a drop in ocean. We need to return to those 40m trades a day when people were happy to buy and sell, and everyone was talking about Range.

The article Andy MK mentioned and articles in Trinny press will get interest going, but it looks like a very slow burn. And a lot more patience.
 
bobo
Posts: 8,042
Off Topic
Opinion:No Opinion
Price:0.54
View Thread (3)
RE: 2 million trade BUY
10 Aug '15
2 points Celtic,

An 11K buy is insignificant

You have no way of knowing it was a buy, the fact that it was reported as an O trade after the normal close would imply it was a worked trade through the day, such trades are only reported at the close. If this was the case it's more than likely a sell based on the spread today

.......but in the end who gives a toss
ErraticPhil
Posts: 1,711
Off Topic
Opinion:No Opinion
Price:0.54
View Thread (2)
Lewis/Salt
10 Aug '15
Lewis, no, I disagreed with what Ch said, just as I did when he claimed there was insufficient data for a chart in mid-June, it seems he has an unconventional perspective. If his interpretation of moving averages was the case you'd have seen a sharp move in the ma line in June as last summer's data 'expired' for purposes of the calculation.
SD, consolidation is a mare for charts usually as they don't adjust for it.. PRT doesn't anyway. I daresay the pros have packages that do the job though.
Grumps33
Posts: 16
Off Topic
Opinion:No Opinion
Price:0.54
View Thread (2)
RE: HL trades 77.58% Buy / 22.42% S..
10 Aug '15
I have to say it looks more like a sell to me, looking at the previous trades...Just because it's blue doesn't mean it's a buy, you do of course know this. Could also explain the 5% drop in price.
Celticheart
Posts: 7,829
Premium Chat Member
Observation
Opinion:Strong Buy
Price:0.54
View Thread (3)
2 million trade BUY
10 Aug '15
Before you claim this was a Sell check out the trade, the Bid was 0.51 and the Ask 0.57 this trade @ 0.55 was well over the mid price so a definite BUY

10-Aug-15 16:31:40 0.55 2,000,000 Buy* 0.51 Bid 0.57 Ask £11,000.00
Celticheart
Posts: 7,829
Premium Chat Member
Observation
Opinion:Strong Buy
Price:0.54
View Thread (2)
HL trades 77.58% Buy / 22.42% Sell
10 Aug '15
Celticheart
Posts: 7,829
Premium Chat Member
Observation
Opinion:Strong Buy
Price:0.54
2 mill Buy after close
10 Aug '15
And if you still doubt me check out the 2 million BUY 1 minute after closing:

http://i1301.photobucket.com/albums/ag109/Celticheartinvestor/2%20mill%20buy_zps8epbdukp.jpg
Celticheart
Posts: 7,829
Premium Chat Member
Observation
Opinion:No Opinion
Price:0.54
BhoyGeorge
10 Aug '15
Just look at the trades BG they speak for themselves I realise it pains you to agree with my view but just this once take off the blinkers, unless of course you are one of those traders I am referring to, which is it?
BhoyGeorge
Posts: 1,687
Off Topic
Opinion:No Opinion
Price:0.54
View Thread (2)
RE: Daily pattern
10 Aug '15
good grief... what rubbish Celtic...
Celticheart
Posts: 7,829
Premium Chat Member
Observation
Opinion:Strong Buy
Price:0.62
View Thread (2)
Daily pattern
10 Aug '15
This daily pattern is becoming all too familiar, traders talk down the share, panic small vulnerable PIs into selling and soak up the shares cheaply. Introduce some very small sell trades at bargain basement prices, especially at close to keep up the illusion. So sad that people are getting fooled by this, these traders will clean up at your expense and they have the audacity to say that I cost investors money.

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





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