Yeah looking good John. Just got home to see the nice little move today.
I guess the algorithm that Van Eck uses doesn't stop buying when the markets are illiquid over Christmas/New Year. We should know soon enough if they're still buying because they'll be due for change in substantial holding notice.
With the share price at $1.95 I estimate more than half of the shorters are now sitting on paper losses. $2 is a fairly strong resistance level though so it could pause a little bit soon. The real kicker will be the next quarterly. If it is good I think the shorters will have to acknowledge that this company has turned the corner after a tough 2013/2014.
RRL Price at posting:
$1.95 Sentiment: Buy Disclosure: Held
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