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Good luck with investing your pension in this share. I can think of a hundred better investments at the moment but each to their own.
A bit more downside me before any talk of 10.00
Certainly looks weak. Any rise is given up almost immediately. Just sold my holding at a small loss. These should recover as they are very cheap compared to BAT but could go much lower first looking at the charts
Seem to be tanking hard of late. 2000 on the cards?
Glad I went long on this yesterday at 4:25 figuring there would be a bounce for the miners today. Happy days. Wish I had gone on long on Kaz too!
It is fair comment that NKOTB has been consistently over optimistic about this stock in recent weeks. But Nelsonmen last Friday you were advising that we all pine into RRS when gold hits 1532. I am glad I listened to nobody and sold at 5330 when it dropped out of its previous trading range for the second time and opened my short. I expect to be long on this stock in the future and I expect the rise to be meteoric. But I don't expect it this year or maybe even next. I hope that I am wrong for the sake of those who have invested in what is a damn solid company being hit by external forces. GLA
It's fair to say that NKOTB has been consistently overly positive about this stock but Nelsonman I recall you advising that we should all pile into Randgold when gold hit 1532. I am glad I followed nobody's advice and sold as soon as it left its trading range below 5335 which kicked in my short. My short is doing well at present but I would expect to be long on this stock again in the future. And I would expect the rise to be huge. But I am not expecting that rise this year and possible not next year either. I hope I am wrong for everybody who is invested in what is a damn solid company being hit by external forces.
That's me gone. Biggest pile of crap I ever bought. These will be sub 4000 by the end of next week. Gold will be in the early 1300's by then it looks like, If anybody tries to tell you these are about to rocket to 7000 tell them they are talking rubbish. Good luck everyone!
touched this morning. Weak China data and falling gold prices hitting hard..
All i know is all the talk of bounces off certain SP's or certain gold prices have proved to be complete and utter mince. 4000 starting to look a distinct possibility from where I am sitting. Hopefully gold will have bottomed out by then and can start another uptrend taking this share with it. I plan on holding this share for 3 years so remain optimistic in the long term.
The below is probably about fair to be honest. However, everybody knows that GS are pushing the price of gold down and why would they do this?...to increase their own holdings at the best price and to profit from massive shorts as it falls. So why do they want gold? Because they know this talk of a ten year bear market is BS. With regard to the charts, the bigger the fall the harder it will come back like NKOTB is basically saying.
..for now. And now they all come out the woodwork and gold is back in fashion...Spot of bargain hunting next week....
One things is for sure. I wish I was buying in at the current price.
Nice. Gradual flow of good news surrounding RRS at present.
Would be a good habit to get out of this is to rise. Just broke out of the sticky range we seemed to have been in for weeks too! Good luck everyone....
States Investor. Things are certainly starting to look positive on daily and weekly charts .
Dropping like a brick. Must be Friday.
Looks like this was largely ingored today; "Nomura decreased their price target on shares of Randgold Resources Ltd (LON: RRS) from $106.36 (7075 GBX) to $69.90 (4650 GBX) in a research note issued on Thursday. The firm currently has a “reduce” rating on the stock"
Friday wouldn't be Friday without Randgold being 100th out of 100. Long live the reversal and uptrend!